South Korean shares fell on Friday, putting the benchmark KOSPI on track for a second consecutive weekly decline as enthusiasm surrounding the artificial intelligence trade faded and investors turned cautious ahead of the US Federal Reserve’s annual Jackson Hole symposium.
The KOSPI was down 74.15 points, or 1.07%, at 6,838.22 as of 02:09 GMT. The index was set to end the week about 1% lower.