South Korea's KOSPI Falls 7% as SK Hynix and Samsung Electronics Drop
South Korea's benchmark KOSPI index fell 7% in intraday trading, with losses accelerating. SK Hynix shares plunged 10% and Samsung Electronics shares dropped more than 8%, dragging the index lower. The sell-off reflects broad weakness in the technology sector.
South Korea's KOSPI index extended its decline to 7%. SK Hynix shares fell 10%, and Samsung Electronics shares dropped more than 8%.