Everyone says Korean stocks are dumping tech this morning, but when you look at individual stocks, chips have barely been hit
The KOSPI fell 0.63% to 5,028, while Samsung Electronics was still up 0.26% and SK Hynix was down just 0.09%. The real laggards were Korean Air, down 3.33%, and KB Financial, down 1.13%.
Meanwhile, the Nikkei next door was up 1.44% and the TOPIX rose 2.09%. That Nvidia news clearly hasn’t translated into a chip sell-off.
#BTC Price Analysis#
The KOSPI fell 0.63% to 5,028, while Samsung Electronics was still up 0.26% and SK Hynix was down just 0.09%. The real laggards were Korean Air, down 3.33%, and KB Financial, down 1.13%.
Meanwhile, the Nikkei next door was up 1.44% and the TOPIX rose 2.09%. That Nvidia news clearly hasn’t translated into a chip sell-off.
#BTC Price Analysis#