South Korea’s KOSPI Extends Losing Streak With 7.57% Drop
Photo: TokenPost
South Korea’s benchmark KOSPI fell 7.57% on Oct. 15, extending its losing streak to seven trading sessions and adding to the risk-market pressure watched by crypto traders. The index closed at 5,554.22 after falling more than 20% over the seven sessions. Trading in the country’s two main stock markets was suspended for 20 minutes after both triggered circuit breakers during the session. Samsung Electronics fell 9.48% to 210,000 won, while SK Hynix dropped 11.06% to 1.262 million won. Foreign investors were net sellers of a combined 2.57 trillion won in shares of the two companies on Oct. 15.
Source: TokenPost
