South Korea’s KOSPI Opens Down 3.27% as SK Hynix Slides 4%

South Korea’s benchmark KOSPI index opened 3.27% lower on Oct. 13, while SK Hynix fell 4% and Samsung Electronics declined 3%.

The index dropped 208.95 points to 6,175.29 at the open. SK Hynix fell 4%, while Samsung Electronics declined 3% in early trading.

The decline came at the start of South Korea’s trading session, with further moves in the KOSPI and the two companies’ shares to determine whether the early losses deepen or ease during the day.