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ROK stocks drop nearly 10 pct on big tech sell-offs

China

China

China

ROK stocks drop nearly 10 pct on big tech sell-offs

2026-06-23 16:12 Last Updated At:16:47

The stocks of the Republic of Korea (ROK) dropped nearly 10 percent on Tuesday on big tech sell-offs, triggering a circuit breaker and sidecars to cool down panic-selling.

The benchmark KOSPI dived 910.71 points, or 9.99 percent, to close at 8,203.84, while the smaller KOSDAQ tumbled 76.88 points, or 7.94 percent, to finish at 891.52.

ROK stocks drop nearly 10 pct on big tech sell-offs

ROK stocks drop nearly 10 pct on big tech sell-offs

Chinese stocks closed lower on Tuesday, with the benchmark Shanghai Composite Index down 1.37 percent to 4,106.25 points.

The Shenzhen Component Index closed 3.17 percent lower at 15,854.2 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 3.84 percent to close at 4,192.19 points on Tuesday.

The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.

Chinese shares close lower Tuesday

Chinese shares close lower Tuesday

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