Seoul stocks tumble 3.5% as tech weakness spreads across Asia

South Korea's benchmark Kospi index fell 3.5% as technology stocks came under pressure, marking a significant divergence from broader regional trends. The Seoul market's underperformance underscored growing concerns about the tech sector, which has been a key driver of recent market movements across Asia.

While the Kospi struggled, Australia's ASX managed modest gains, suggesting selective investor interest in certain regional markets and sectors. The mixed performance across Asia reflected cautious sentiment as market participants assessed evolving economic conditions.

Investors were keeping close watch on developments that could influence market direction in coming sessions. The divergence in regional index performance highlighted the selectivity of current market conditions, with technology-exposed markets facing particular headwinds while defensive positions attracted some buying interest.

Analysts noted that sentiment remained fragile amid global economic uncertainties and shifting monetary policy expectations. The regional market movements underscored investor nervousness ahead of key events that could reshape market trajectories in the near term.