Commodities

Asian Shares Plummet as Investors Sell Chipmakers

Guavy AI Editorial Team Published July 30, 2026

Instruments

Oil

Oil prices have taken a hit, and Asian shares are mostly trading lower as investors sell stocks in companies like chipmakers.

The South Korean Kospi extended its losses after falling more than 16% over the past two days. This decline is attributed to investors dumping shares of companies they had previously held.

The Wire

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