South Korea’s KOSPI Falls More Than 3% as Chip Stocks Slide

South Korea’s KOSPI fell more than 3% in intraday trading Wednesday evening in the United States, as losses in SK Hynix and Samsung Electronics put the country’s semiconductor stocks at the center of the market decline.

The index stood at 5,489.51 points in the latest update. SK Hynix was down nearly 7%, while Samsung Electronics had dropped close to 4%. Both stocks fell more sharply than the benchmark, with SK Hynix recording the steepest decline among the three measures.

The figures show a broad market drop accompanied by especially sharp weakness in two semiconductor companies. Their losses add pressure to global semiconductor sentiment and put South Korean chip stocks in focus for global market participants.

The update was timestamped 7:40 p.m. ET Nov. 4 (00:40 UTC Nov. 5), when trading was still intraday. The reported 5,489.51 level captures a market snapshot, not a closing result, and places the three declines in the same trading window.