South Korea’s benchmark Kospi index opened 0.34% lower on Tuesday, extending a week of selling pressure that has gripped Asian markets.
The decline was primarily driven by overnight losses on Wall Street, where a broad sell-off in technology stocks outweighed broader market optimism.
The Kospi’s slide reflects the persistent influence of U.S. tech valuations on regional sentiment.
As global investors reassess growth prospects amid volatility in the sector, Asian equities have struggled to find footing, with risk-off flows dominating the early session.
This marks the latest day of weakness for the index, which has faced headwinds throughout the week.
The correlation between U.S. tech performance and Asian market opens remains a key driver for traders monitoring cross-border capital flows.