South Korea's Kospi tumbles over 6% as CXMT concerns hit chip stocks

South Korea's Kospi slid sharply and triggered a temporary trading curb as chip stocks fell on concerns over CXMT's rapid advances. The sell-off spread across sectors, while a weaker won, foreign outflows and lower bond yields reflected broader market stress.

Oct 13, 2026 - 09:00
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South Korea's Kospi tumbles over 6% as CXMT concerns hit chip stocks
South Korea's Kospi slid sharply and triggered a temporary trading curb as chip stocks fell on concerns over CXMT's rapid advances. The sell-off spread across sectors, while a weaker won, foreign outflows and lower bond yields reflected broader market stress.

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