Seoul shares open sharply lower on tech losses amid eased Mideast tensions

South Korean stocks opened sharply lower Tuesday, dragged down by losses in tech shares following a selloff in chipmakers on Wall Street. After opening 5.26 percent lower, the benchmark Korea Composite Stock Price Index extended losses, falling 432.95 points, or 6.41 percent, to 6,322.80 as of 9:15 a.m. The Korea Exchange, the country's bourse operator, activated a sell-side sidecar for the KOSPI for 20 minutes at 9:06 a.m. after the benchmark index fell more than 5 percent. Overnight Wall Stree

By The Korea Herald