South Korea’s KOSPI Sinks 6% as SK Hynix Shares Drop More Than 10%
Photo: TokenPost
South Korea’s KOSPI index fell 6% intraday as SK Hynix shares dropped more than 10%, while Samsung Electronics shares declined more than 8% in the same market snapshot. At 12:57 a.m. ET Thursday (05:57 UTC), all three readings showed losses: the KOSPI was down 6%, SK Hynix was off more than 10%, and Samsung Electronics was lower by more than 8%. SK Hynix’s decline was the largest of the three moves, exceeding the index’s 6% loss by more than four percentage points. Samsung’s decline was also steeper than the KOSPI’s, but smaller than SK Hynix’s.
Source: TokenPost
