Korea Opened Higher. Its Two Chip Giants Fell.
Seoul reopened higher after a three-day break, then Samsung and SK hynix fell. KOSPI lost 0.89%; KOSDAQ rose 2.98%, its first close above 900 since July.
Seoul reopened higher after a three-day break, then Samsung and SK hynix fell. KOSPI lost 0.89%; KOSDAQ rose 2.98%, its first close above 900 since July.
Korean stocks fell 5.80% on Wednesday. A sell sidecar tripped six minutes after the open, foreign investors sold roughly ₩3.5 trillion (about US$2.5 billion), and the index closed at 6,471.17. Two days later, on Friday morning at eight o’clock, the Deputy Prime Minister sat down with the heads of the financial regulators and the central … Read more
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