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Samsung and SK Hynix shares led the South Korean KOSPI lower as a global chip stock sell-off deepened.
TradingKey - South Korea's Korea Composite Stock Price Index (KOSPI) has fallen for several consecutive trading sessions. As of the close on October 15, the KOSPI index dropped to 5,554.22 points, marking a cumulative decline of over 16% in the past month. SK Hynix fell by more than 10% on the day, while Samsung…
South Korea’s stock markets declined for a second day amid chip losses after SK Hynix Inc.’s second-quarter results failed to meet Wall Street expectations.