South Korean shares fell on Monday, tracking losses in US technology stocks as concerns over the sustainability of artificial intelligence (AI) investments weighed on investor sentiment. However, dip buying helped the benchmark recover from a sharp early decline, according to a report by Reuters.
The benchmark Kospi was down 34.04 points, or 0.60%, at 5,634.01 as of 0153 GMT. The index opened sharply lower and dropped more than 3% before erasing losses and briefly turning positive.
