Foreign funds have been dumping SK Hynix and Samsung for a week straight—classic "sell Korea, buy US" rotation. Locals are watching from the sidelines, though some money's quietly shifting from Memory into Financials.
The Broadcom/Hock Tan headlines didn't help, but this selloff was already brewing.
Reminder: Korea imports nearly all its crude. Iran tensions = higher oil = more pain for KOSPI, which still moves inverse to oil unlike US markets.
Foreign outflows matter more than domestic rotation right now. Watching closely.
The Broadcom/Hock Tan headlines didn't help, but this selloff was already brewing.
Reminder: Korea imports nearly all its crude. Iran tensions = higher oil = more pain for KOSPI, which still moves inverse to oil unlike US markets.
Foreign outflows matter more than domestic rotation right now. Watching closely.