KOSPI Plunges More than 3% as Samsung, SK Hynix Shares Tumble
5 Articles
5 Articles
The KOSPI index, which was on the verge of reaching the 7,000 mark, fell by more than 3%. Although it was the first trading day immediately following Samsung Electronics' announcement of a record-breaking shareholder return plan, it appears the results fell short of meeting market expectations. However, signs of some rotational trading were observed. While the share prices of major stocks, including Samsung Electronics, other Samsung affiliates,…
(Seoul = Yonhap News) Reporter Kim Yu-hyang = On the 24th, the KOSPI fell more than 3%, dropping below the 6,700 mark.
Micron drops 3%, SanDisk over 4%: what is hitting memory stocks today?
Micron Technology (NASDAQ: MU) and SanDisk (NASDAQ: SNDK) fell sharply in premarket trading on Monday as renewed selling hit memory stocks. Micron was down about 3%, while SanDisk slipped roughly 5%. In Seoul, SK Hynix lost around 3% and Samsung Electronics plunged 9%, extending pressure across one of 2026’s strongest semiconductor groups. The moves look less like evidence that AI-memory demand has weakened and more like investors cutting exposu…
[Digital Daily Reporter Kang Ki-hoon] The KOSPI fell more than 3% and dropped below the 6,700 mark due to the sharp decline in top-tier semiconductor stocks by market capitalization, such as Samsung Electronics and SK Hynix. Foreign investors fueled the index's decline by net selling over 3.6 trillion won in the securities market. According to the Korea Exchange on the 24th, the KOSPI closed at 6,696.96, down 215.99 points (3.12%) from the prev…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
