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๐ฆ๐ผ๐๐๐ต ๐๐ผ๐ฟ๐ฒ๐ฎ๐ป ๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐ง๐๐บ๐ฏ๐น๐ฒ๐ฑ ๐ง๐ผ๐ฑ๐ฎ๐ ๐ฐ๐ท๐
South Koreaโs market came under heavy pressure on Monday.
The KOSPI opened down 3.14% at 6,692.61 and later closed at 6,684.37, down 3.26%.
The biggest pressure came from the countryโs major semiconductor names:
๐ป SK Hynix: -6.35%
๐ป Samsung Electronics: -4.05%
Foreign investors were also aggressive sellers, with net selling of around โฉ3.29 trillion on the main board.
Why the sudden pressure?
Investors are worried about a possible slowdown in the AI investment cycle, while higher oil prices and expectations of tighter U.S. monetary policy are adding more pressure.
South Korea is particularly sensitive to this because Samsung and SK Hynix have huge exposure to the global semiconductor and AI supply chain.
For me, the bigger question is whether this is just a short-term risk-off move or the beginning of a deeper rotation away from AI-related stocks.
Are you watching AI stocks or crypto more closely today?
#KOSPI #SouthKorea #AnthropicPicksNasdaqForIPO #ShareWeekly #AugustCPIDataIsOut