South Korea’s KOSPI Narrows Losses to Under 4% After Trading Resumes
Photo: TokenPost
South Korea’s KOSPI narrowed its decline to less than 4% after trading resumed, recovering from an earlier 6.8% drop. The benchmark’s drop had reached 6.8% earlier in the session. Trading paused after the index triggered a circuit breaker, then resumed with losses still steep. The decline later narrowed further, leaving the KOSPI down less than 4% in the latest market reading. SK hynix shares were down 7.99% and Samsung Electronics fell 7.3% during the early selloff. Both companies are major memory-chip makers and significant weights in the KOSPI, linking the benchmark’s swings to semiconductor shares.
Source: TokenPost
