(2nd LD) Seoul shares open over 8 pct lower on inflation, tech slump woes; trading halted for 20 minutes

South Korean stocks experienced a sharp decline at the opening of trading, with the benchmark KOSPI index falling over 8 percent. This significant drop was primarily driven by concerns over persistent inflation and a downturn in the technology sector. The market's volatility led to a temporary trading halt for 20 minutes to allow for stabilization. Investors are reacting to global economic pressures that are impacting market sentiment.

This event highlights the sensitivity of global markets to inflation and tech sector performance, signaling potential broader economic instability.