# South Korea’s KOSPI Slides 6% as SK Hynix, Samsung Tumble

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30697
Published: 2026-10-13T01:28:33.000Z
Updated: 2026-10-13T01:28:33.000Z
Section: Investing

> SK Hynix fell 9%, while Samsung Electronics dropped 7% as a sharp equity selloff intensified in South Korea.

South Korea’s KOSPI index fell 6% as semiconductor stocks led a broader equity selloff, adding to risk-off pressure relevant to global markets and crypto traders.

SK Hynix dropped 9%, while Samsung Electronics declined 7%. The moves put two major South Korean semiconductor companies at the center of the market retreat.

The sharp losses point to heightened stress in a market closely tied to the global semiconductor industry. For crypto markets, the selloff adds to a broader risk-off backdrop.