South Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and Samsung Electronics led the sell-off as investors grew concerned about an overstretched rally. This downturn follows a period of strong gains, with market watchers now closely awaiting Micron Technology's earnings for insights into the semiconductor sector's health. Foreign investors offloaded significant holdings amid rising market volatility.
South Korea's Kospi index plunged nearly 10% from its record high, triggering a significant market downturn. Chip giants SK Hynix and Samsung Electronics led the sell-off as investor concerns grew over an overstretched rally in the sector. Foreign investors offloaded substantial…
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