(LEAD) Seoul shares nose-dive 9 pct on tech losses amid Middle East tensions

Why This Matters

The sharp decline in Seoul's stock market highlights the growing risk of global economic contagion, as investors increasingly view Middle East tensions as a potential catalyst for broader market instability. This development underscores the interconnectedness of global markets and the need for policymakers to closely monitor regional conflicts. The 9 percent drop in Seoul shares also underscores the vulnerability of emerging markets to global economic shocks.