# South Korea’s KOSPI Slides 3% as Chip Stocks Fall Sharply

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29976
Published: 2026-10-12T01:29:03.000Z
Updated: 2026-10-12T01:29:03.000Z
Section: Investing

> 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.