South Korean shares plunge over 5% as chipmakers falter amid AI concerns, triggering trading curbs on the KOSPI.
South Korean shares tumbled more than 5% on Monday,
hitting their lowest levels in nearly two months, as a selloff
in chipmakers, led by SK Hynix, deepened worried over the
durability of the AI-driven rally.The benchmark KOSPI was down 384.37 points, or
5.14%, at 7,091.57 as of 0235 GMT. It fell as much as 6.13% to
South Korea enters bear market as AI chip fears trigger massive sell-off
South Korea's Kospi dives more than 5%, SK hynix down 10%
South Korea's equity market nears bear territory as AI demand outlook dims
Global Market: AI boom turns turbulent as South Korea stocks slide into bear market
KOSPI plunged over 8% as Samsung and SK Hynix led a broad chipmaker selloff. Foreign investors sold $2.6 billion in shares amid…
South Korea's KOSPI index experienced a significant selloff, plunging 8.23% as investors cashed in on the AI rally, revealing the…
South Korea's KOSPI index saw a sharp decline on Monday. Investors sold off artificial intelligence stocks, revealing the…
South Korea's KOSPI index enters bear market territory, falling over 20% from its June peak as Samsung and SK Hynix sell off on…
South Korea's KOSPI dropped 10% in a single session as AI trade concerns hit Samsung and SK Hynix. Foreign investors sold over…
Samsung Electronics and SK Hynix shares plunged as much as 14% as South Koreas Kospi extended its sharp selloff for a second day.…
