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The benchmark KOSPI plunged more than 3% to around 5,595 on Tuesday, reversing gains from the previous session, as renewed selling in semiconductor stocks reflected persistent concerns over the sustainability of AI investment. Samsung Electronics and SK hynix slid more than 3% and 6%, respectively, as worries over debt
The benchmark KOSPI plunged nearly 8% to around 5,540 on Thursday, extending its losing streak to seven sessions and falling to its lowest level since late July, as mounting concerns over AI valuations and financing costs intensified the global tech sell-off. Samsung Electronics and SK hynix tumbled nearly 9% and 11%,
The benchmark KOSPI rose nearly 1% to around 6,080 on Wednesday, snapping a five-day slide near a two-month low, as investors bought semiconductor shares following a sharp selloff in the previous session. Samsung Electronics and SK hynix climbed nearly 2% and more than 1%, respectively, recovering part of Tuesday's plu
The benchmark KOSPI plunged more than 6% to around 5,990 on Tuesday, reaching its lowest level since late July, as mounting concerns over AI valuations and Chinese competition triggered heavy selling in semiconductor stocks. Samsung Electronics and SK hynix slipped more than 6% and 8%, respectively, after reports of te
South Korea’s KOSPI fell nearly 2% to around 6,570 for a second straight session as Samsung Electronics and SK hynix slid, with investors also looking to the Bank of Korea meeting on Thursday.
South Korea's benchmark KOSPI falls more than 1% to around 6,800 as investors take profits in chip stocks ahead of Nvidia's earnings, while higher global bond yields and Middle East tensions also weigh on risk appetite.