Tech - led selloff
Search documents
Tech-led selloff drags Asian stocks; Indonesia tumbles on Moody's outlook cut
Reuters· 2026-02-06 05:15
Core Viewpoint - South Korean equities are experiencing a decline as investors are moving away from tech stocks, while Indonesian shares have dropped over 2% following a downgrade in the country's credit rating outlook by Moody's, impacting Southeast Asia's largest economy [1] Group 1: South Korean Market - South Korean equities have extended their declines, indicating a trend of retreat among investors from technology stocks [1] Group 2: Indonesian Market - Indonesian shares fell by more than 2% after Moody's downgraded the country's credit rating outlook, marking a significant setback for the economy [1]