South Korea’s Kospi index opened significantly lower on Thursday, extending a sharp decline that began the previous session.
The benchmark fell 4.46% on Wednesday, marking one of the steepest single-day drops for the Asian market in recent months.
The continued selling pressure reflects broader risk-off sentiment across global equities.
The downturn in Seoul was driven by heavy losses on Wall Street, where technology stocks led the decline.
Investors are also reacting to cautious signals from the Federal Reserve, which have heightened uncertainty about the near-term interest rate path.
The combination of US tech weakness and policy caution has weighed heavily on sentiment in Asian markets.