South Korea’s benchmark Kospi index opened lower on Tuesday, defying overnight gains on Wall Street as investors continued to rotate out of technology stocks.
The decline was led by Samsung Electronics, which faced renewed selling pressure amid broader profit-taking in the sector.
The divergence from US markets highlights the persistent weakness in Asian tech valuations.
While US equities managed to close higher, Korean investors remained cautious, prioritizing risk reduction over chasing foreign momentum.
Samsung’s weight in the index means its performance continues to dictate the broader market direction, dragging down the benchmark despite relative stability in other sectors.
This marks the third consecutive session of downward pressure on the Kospi.