South Korea’s KOSPI Slides 6% as SK Hynix, Samsung Tumble
Photo: TokenPost
South Korea’s KOSPI index fell 6% as semiconductor stocks led a broader equity selloff, adding to risk-off pressure relevant to global markets and crypto traders. SK Hynix dropped 9%, while Samsung Electronics declined 7%. The moves put two major South Korean semiconductor companies at the center of the market retreat. The sharp losses point to heightened stress in a market closely tied to the global semiconductor industry. For crypto markets, the selloff adds to a broader risk-off backdrop. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
