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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: South Korean shares fall over 1% as AI trade concerns weigh; won strengthens

Artificial Intelligence Bonds United States SK Hynix

South Korean shares fell on Monday as concerns over the artificial intelligence (AI) trade weighed on investor sentiment ahead of quarterly earnings from major US technology companies this week. The won strengthened against the dollar, while government bond yields declined.

The benchmark KOSPI fell 83.14 points, or 1.50%, to 5,467.16 as of 03:30 GMT. Despite Monday's decline, the index has gained about 30% so far this year.

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