#kospifalls2.7%samsungskhynixdropover5% ๐จ KOSPI index fell by 2.7% as Samsung and & SK Hynix dropped by more than 5% ๐ฐ๐ท๐
The KOSPI index in South Korea faced heavy selling on September 28, the first trading session after the Chuseok holiday.
๐ KOSPI: 6,889.74 โ -191.18 points (-2.70%)
๐ Samsung Electronics: โฉ270,000 โ -5.43%
๐ SK Hynix: โฉ1.768M โ -5.05%
๐ SK Square: -7.56%
๐ฐ Foreign investors logged about โฉ3.23 trillion in net selling, while institutions also sold around โฉ1.02 trillion.
The selling came as markets reacted to higher U.S. Treasury yields, rising oil prices, and uncertainty around global risk sentiment. Reports also pointed to concerns that Solidigm, an SK Hynix subsidiary, may proceed with an IPO in the United States.
โ ๏ธ With major semiconductor stocks under pressure, it is crucial to monitor technical assets and global risk factors closely.
Could this weakness extend to $BTC and $ETH , or will it remain mainly tied to Korea/semiconductors?
#KOSPIRisesAlmost4To7539 #SamsungStock $BTC
#KoreaStocks #BTC #ETH
The KOSPI index in South Korea faced heavy selling on September 28, the first trading session after the Chuseok holiday.
๐ KOSPI: 6,889.74 โ -191.18 points (-2.70%)
๐ Samsung Electronics: โฉ270,000 โ -5.43%
๐ SK Hynix: โฉ1.768M โ -5.05%
๐ SK Square: -7.56%
๐ฐ Foreign investors logged about โฉ3.23 trillion in net selling, while institutions also sold around โฉ1.02 trillion.
The selling came as markets reacted to higher U.S. Treasury yields, rising oil prices, and uncertainty around global risk sentiment. Reports also pointed to concerns that Solidigm, an SK Hynix subsidiary, may proceed with an IPO in the United States.
โ ๏ธ With major semiconductor stocks under pressure, it is crucial to monitor technical assets and global risk factors closely.
Could this weakness extend to $BTC and $ETH , or will it remain mainly tied to Korea/semiconductors?
#KOSPIRisesAlmost4To7539 #SamsungStock $BTC
#KoreaStocks #BTC #ETH
