Seoul shares dip over 5 pct on tech sell-off on renewed AI, inflation woes

Seoul's stock market dropped over 5% on October 13, 2026, driven by a sell-off in technology stocks amid concerns about AI sector challenges and inflation. Foreign investors sold $3.35 billion in stocks, while local institutions and individuals bought shares. The Korea Exchange triggered a sell-side sidecar after the KOSPI index fell sharply, with investors awaiting U.S. inflation data for further cues.