South Korea's benchmark KOSPI index traded sharply lower late Friday morning, driven by renewed selling pressure in the technology sector.
Investors offloaded shares of major tech heavyweights as concerns over escalating geopolitical tensions in the Middle East dampened risk appetite across Asian markets.
The KOSPI had previously staged a sharp reversal from record levels, with the benchmark crashing nearly 10% earlier in the week amid aggressive profit-taking.
The decline marks a continuation of the volatility that has plagued Seoul's equity markets in recent days.
The KOSPI had previously staged a sharp reversal from record levels, with the benchmark crashing nearly 10% earlier in the week amid aggressive profit-taking.
That earlier sell-off triggered circuit breakers and engulfed the technology sector, marking one of the steepest declines in recent memory.
Friday's move suggests that the initial shock has not yet stabilized.