South Korean shares fell sharply on Monday, with technology stocks leading losses as concerns over the pace and risks of artificial intelligence development weighed on investor sentiment. The South Korean won strengthened slightly against the dollar, while benchmark bond yields were mixed, Reuters reported.
The benchmark KOSPI was down 138.96 points, or 2.01%, to 6,770.95 as of 02:51 GMT. Despite Monday's decline, the index has gained 60.67% so far this year.
