South Korea's KOSPI Falls 4% to 5,536.97 in Sharp Selloff
Photo: TokenPost
South Korea's KOSPI fell 4% to 5,536.97, extending a steep decline in the country's stock market and adding a sharp Asian equity move to the risk-sentiment backdrop watched by crypto traders. The index had opened 0.94% lower and then fell as much as 4.76% intraday before ending the session down nearly 4%. The 5,536.97 reading captures the reported 4% decline. SK Hynix shares closed 4.22% lower, marking a steep loss for one individual stock alongside the wider index move. Japan's Nikkei 225 opened 0.41% lower, putting another major Asian stock benchmark in negative territory at the start of its session.
Source: TokenPost
