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Add as a preferred source on GoogleSouth Korea’s KOSPI Slides 3% as Chip Stocks Fall Sharply
The index stood at 6,427.08 points, while SK hynix dropped more than 4% and Samsung Electronics declined nearly 4%.
South Korea’s KOSPI index fell 3% to 6,427.08 points as major chip stocks also declined.
SK hynix fell more than 4%, and Samsung Electronics declined nearly 4%. Samsung Electronics and SK hynix both declined during the retreat.
The decline adds to a broader risk signal for global and crypto markets.
The KOSPI’s latest move follows an earlier decline of 1%, showing that losses widened during the session.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.