KOSPI and the share prices of SK hynix and Samsung Electronics are displayed in the trading room of Hana Bank in Seoul, Monday. The benchmark index closed at 6,806.93, down 8.95 percent from the previous session. SK hynix and Samsung Electronics fell 15.37 percent and 10.7 percent, respectively, to close at 1,845,000 won ($1,228.74) and 254,500 won. Newsis
KOSPI fell nearly 9 percent to below 7,000 Monday, as a rout in semiconductor shares overshadowed the blockbuster U.S. debut of SK hynix's American depositary receipts (ADRs).
SK hynix and Samsung Electronics, which together account for more than 60 percent of KOSPI's market capitalization, plunged 15.37 percent and 10.7 percent, respectively, dragging the index sharply lower.
KOSPI closed at 6,806.93, down 8.95 percent from the previous session, according to the Korea Exchange. The sell-off triggered the market's 35th sell-side program-trading curb and seventh circuit breaker of the year.
SK hynix ended at 1,845,000 won ($1,228.74), while Samsung Electronics closed at 254,500 won.
