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Kospi's AI party over? South Korean benchmark tumbles 7%, sell-side sidecar activated
The AI-driven rally that turned South Korea into one of the world's hottest equity markets ran out of fuel on Tuesday. As of 9:50 am IST, the Korean benchmark tumbled over 7%, to trade at 7,478.61, down 572.72 points.
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apnews.com
Asian markets retreat, with Korean shares slumping despite an AI-led rebound on Wall St
Asian shares have retreated despite a rebound for AI stocks that lifted benchmarks on Wall Street. The Kospi in South Korea closed down 4.9% after plunging 8% earlier in the day.
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economictimes.indiatimes.com
Kospi tumbles 6% as AI investors fear rally may be overblown. A bigger crash coming closer?
South Korea's Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung…
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timesofindia.indiatimes.com
Kospi's AI party over? South Korean benchmark tumbles 7%, sell-side sidecar activated
The AI-driven rally that turned South Korea into one of the world's hottest equity markets ran out of fuel on Tuesday. As of 9:50 am IST, the Korean benchmark tumbled over 7%, to…
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independent.co.uk
Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record
Asian shares have retreated despite a rebound for AI stocks that lifted stocks on Wall Street
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channelnewsasia.com
South Korea's KOSPI tumbles 8%, triggering circuit breakers for sixth time this year
SEOUL: South Korean shares fell 8 per cent on Tuesday, led by chipmakers, as investors questioned whether record earnings tied to AI could hold up.The benchmark KOSPI was down…