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Asian stocks fall amid tech sell-off and rising oil prices

AFP ·

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  1. 1The KOSPI index fell by more than 2% on Friday due to a sell-off in tech stocks.
  2. 2SK hynix withdrew the IPO plans for its US subsidiary Solidigm, citing market conditions and stock price trends.
  3. 3Brent crude moved toward the $115 per barrel level as Iran threatened to attack US bases in the region.

So what's the key point?

The KOSPI index dropped by more than 2% as more people sold tech stocks. SK hynix canceled its subsidiary's listing plans, and oil prices are rising toward $115 per barrel.

Source AFP · View original ↗

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