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Samsung, SK Hynix Fall More Than 10% as Asian Markets Slide

Samsung, SK Hynix Fall More Than 10% as Asian Markets Slide

Photo: TokenPost

On Thursday evening ET, Samsung Electronics and SK Hynix fell more than 10% in early Friday trading in South Korea, extending a global technology selloff that also drove Korean and Japanese equity futures lower. The KOSPI 200 futures contract dropped 7.9%, while an exchange-traded fund tracking South Korean stocks lost 13% overnight. In Japan, Nikkei 225 futures for December delivery stood at 57,255 as of 6:02 p.m. ET Thursday (8:02 a.m. Friday in Tokyo), 6.26% below the Nikkei 225's Thursday close of 61,077.90.

Source: TokenPost

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