South Korean KOSPI falls 0.44% for 6th day to 6,008.81, driven by AI concerns
South Korean stocks fell for the sixth consecutive session Wednesday, with the benchmark Korea Composite Stock Price Index (KOSPI) losing 0.44 percent to 6,008.81. The decline was driven by persisting concerns over excessive spending on artificial intelligence, as investors remained cautious ahead of US inflation data. The KOSPI had previously plunged 5.46 percent the day before. Meanwhile, the Korean won gained against the US dollar.
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