Asian stock markets slide as tech shares slump and South Korea halts trading
Asian stock markets fell sharply on Friday in a technology-led sell-off, with South Korea's Kospi briefly halting trading after a steep drop. The benchmark index triggered a circuit-breaker mechanism when it fell 8%, before ending the session 5.8% lower. Japan's Nikkei 225 also closed more than 4% down, while other major regional markets were also weaker.The move came as investors reassessed the recent rally in technology shares and questioned whether valuations had risen too far. In South Korea, the 20-minute halt on the Kospi was the third time the circuit breaker had been triggered this week and the fifth such... [Continue Reading]
Sponsored

