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Kospi crashes 9%, trading halted for 20 minutes, as chip rout deepens; Samsung, SK Hynix worst hit
South Korea's KOSPI index saw a sharp decline on Monday. Investors sold off artificial intelligence stocks, revealing the market's heavy reliance on semiconductor giants. Samsung and SK Hynix shares fell significantly. This selloff followed a strong rally driven by AI demand. Geopolitical tensions also contributed to the market's downturn. The KOSPI experienced its second trading halt this year.
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economictimes.indiatimes.com
Kospi crashes 9%, trading halted for 20 minutes, as chip rout deepens; Samsung, SK Hynix worst hit
South Korea's KOSPI index saw a sharp decline on Monday. Investors sold off artificial intelligence stocks, revealing the market's heavy reliance on semiconductor giants. Samsung…
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m.economictimes.com
Kospi ends 8% lower as chip rout deepens; Samsung, SK Hynix crash up to 10%
South Korea's KOSPI index experienced a significant selloff, plunging 8.23% as investors cashed in on the AI rally, revealing the market's heavy reliance on semiconductor stocks. …
