Korean KOSPI Index Crashes Amid Chipmaker Bloodbath

The Korean KOSPI index plummeted 10.8% today, marking a 34% drop in 25 days, with major chipmakers like SK Hynix and Samsung experiencing significant losses.

28 Jul, 07:25 — 28 Jul, 07:25

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wolf-streetMixed17h ago

Korean KOSPI Crashes 10.8% Today, -34% in 25 Days, after 300% Spike, as Consensual Hallucination Fades

Amid general chipmaker bloodbath, SK Hynix and Samsung, which make up half of the index, crashed even more.

By Wolf Richter

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Korean KOSPI Index Crashes Amid Chipmaker Bloodbath

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Korean KOSPI Crashes 10.8% Today, -34% in 25 Days, after 300% Spike, as Consensual Hallucination Fades

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