Seoul market drops third day as bond yields and tech sell‑offs weigh

For the third consecutive session the KOSPI fell, closing at 6,625.93 after a loss of 177.97 points. The decline followed a series of sessions in which bond yields rose to multidecade highs and technology shares slipped, prompting foreign investors to sell a net 1.99 trillion won and institutions to sell a net 1.67 trillion won. Domestic retail investors bought only a small net amount. The Korean won edged higher to 1,338.5 per U.S. dollar. Earlier in the week a brief tech rally, supported by Samsung Electronics’ third‑quarter profit beat, lifted the index modestly before the broader downward pressure resumed.