Asia-Pacific markets see another weak session as tech sell off deepens
We restored Cheonggyecheon at night in Seoul.
Renan Gicquel | Moment On | Getty Images
South Korea’s Kospi fell as much as 5 percent on Friday, leading to another weak session in Asian markets after the tech sell-off turned into a rout on Wall Street.
While the South Korean index recovered its losses and last lost 3.86%, the small-cap Kosdaq saw a larger loss of 5.26%.
of japan Nikkei 225 It opened with a loss of 1.22% and maintained its losses for the third consecutive day. The broad-based Topix was 0.74% lower.
of Australia S&P/ASX 200 It also showed signs of weakness, falling 1.61%.
of hong kong Hang Seng Index futures traded at 26,510, below the last close of 26,885.24.
overnight in the USA, Dow Jones Industrial Average While it lost value by 1.20%, S&P 500 It lost 1.23%, pushing the year into negative territory. Technology-oriented Nasdaq Composite It reported the biggest decline, falling 1.59%.
—CNBC’s Sean Conlon and Sarah Min contributed to this report.
