#kospifalls2.7%samsungskhynixdropover5% 🚨 KOSPI Drops 2.7% as Samsung & SK Hynix Fall Over 5% 🇰🇷📉
South Korea’s KOSPI faced heavy selling on September 28, its first trading session after the Chuseok holiday.
📉 KOSPI: 6,889.74 — -191.18 points (-2.70%)
📉 Samsung Electronics: ₩270,000 — -5.43%
📉 SK Hynix: ₩1.768M — -5.05%
📉 SK Square: -7.56%
💰 Foreign investors recorded around ₩3.23 trillion in net selling, while institutions sold another ₩1.02 trillion.
The selloff came as markets reacted to higher U.S. Treasury yields, elevated oil prices and uncertainty surrounding global risk sentiment. Reports also pointed to concerns around SK Hynix subsidiary Solidigm potentially pursuing a U.S. IPO.
⚠️ With major semiconductor stocks under pressure, global tech and risk assets are now worth watching closely.
Could this weakness spill over into $BTC and $ETH , or remain mainly a Korea/semiconductor story?
#KOSPI #Samsung #SKHynix #KoreaStocks #BTC #ETH
South Korea’s KOSPI faced heavy selling on September 28, its first trading session after the Chuseok holiday.
📉 KOSPI: 6,889.74 — -191.18 points (-2.70%)
📉 Samsung Electronics: ₩270,000 — -5.43%
📉 SK Hynix: ₩1.768M — -5.05%
📉 SK Square: -7.56%
💰 Foreign investors recorded around ₩3.23 trillion in net selling, while institutions sold another ₩1.02 trillion.
The selloff came as markets reacted to higher U.S. Treasury yields, elevated oil prices and uncertainty surrounding global risk sentiment. Reports also pointed to concerns around SK Hynix subsidiary Solidigm potentially pursuing a U.S. IPO.
⚠️ With major semiconductor stocks under pressure, global tech and risk assets are now worth watching closely.
Could this weakness spill over into $BTC and $ETH , or remain mainly a Korea/semiconductor story?
#KOSPI #Samsung #SKHynix #KoreaStocks #BTC #ETH
