South Korea’s benchmark Kospi index closed lower on Monday, extending a session of cautious trading as investors weighed geopolitical risks against domestic market dynamics.
The decline was driven primarily by weakness in the technology sector, which dragged down broader market sentiment.
The sell-off reflects renewed investor caution amid unresolved US-Iran peace negotiations.
Markets remain sensitive to the fragile ceasefire agreement, with fears that a breakdown could disrupt global energy supplies and trade routes.
This geopolitical overhang has kept risk appetite subdued across Asian equities.
Tech stocks, a key pillar of the Kospi, faced particular pressure.