KOSPI plunges 8% amid the rout in global tech stocks; hit circuit breaker levels third time in one year
The Korean markets, which are the best-performing markets in 2026, plummeted 8% on Monday after a rout in US tech stocks, triggering profit booking in the Korean chip stocks. Shares of Samsung Electronics and SK Hynix plunged 10% on Monday, after rallying over 200 in five months.
The Korean markets, which are the best-performing markets in 2026, plummeted 8% on Monday after a rout in US tech stocks, triggering profit booking in the Korean chip stocks. Shares of Samsung Electronics and SK Hynix plunged 10% on Monday, after rallying over 200 in five months.
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