KOSPI Korean Index Crashes 10% After Just One Day of Reaching Record High



The KOSPI index closed at a record high of 9,115 on Monday, before falling nearly 10% on Tuesday due to a wave of selling in technology stocks.

Samsung and SK Hynix shares dropped more than 12%, leading to a temporary trading halt for 20 minutes.

The technology sell-off extended to the U.S. markets, with Nasdaq futures down 2% and S&P 500 futures down 1% ahead of the open.
$BTC $NAS100 $US500
BTC-4.23%
NAS1000.45%
US5000.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments