A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2026. (AP Photo/Ahn Young-joon)
Credit: AP Photo/Ahn Young-joon
(AP Photo/Ahn Young-joon)
BANGKOK (AP) — Shares plunged Friday in Asia, led by heavy losses in Japan and South Korea as traders sold to lock in gains from recent rallies in stocks related to artificial intelligence.
Tokyo’s Nikkei 225 index shed 4.4% and the Kospi in Seoul plunged 7.7%. Hong Kong’s Hang Seng lost 1.9% and
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