Tag: KOSPI
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KOSPI bounces back as Asian markets look to recover from rout
Investors tentatively got back on the horse in Seoul as they picked up the pieces following a 10 per cent collapse in the KOSPI on Tuesday, which was led by 12 per cent losses in chip giants and market heavyweights SK Hynix and Samsung.
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South Korea’s KOSPI surges 4.1% as chip stocks recover
The KOSPI gained more than 330 points moments after trading began on Wednesday (Jun 24), instantly recouping a massive chunk of the losses from a nearly 10 per cent plunge a day earlier.
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South Korea’s KOSPI tanks nearly 10% to lead tech-fuelled Asia rout
Samsung and SK Hynix shed more than 12 per cent each, triggering an automatic 20-minute bourse-wide trading halt in the afternoon.
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