The Kospi Index retreated by over 4% today, July 20, as concerns on the technology sector coincided with the ongoing US-Iran war. It slumped to 6,525 points, down substantially from the year-to-date high of 9,387. Still, despite this weakness, Barclays

Asian stocks opened lower on Monday as Brent crude climbed above $90 a barrel, reviving inflation fears just as investors prepared for a defining week of technology earnings. MSCI’s Asia-Pacific gauge outside Japan slipped 0.3%, while South Korea’s chip-heavy Kospi fell