Asian stocks today: Nikkei, Kospi fall over 4% as technology stocks weigh; Samsung shares slide
Asian stocks today, July 7 -- Asian markets traded lower as technology stocks came under fresh selling pressure, with shares of Samsung Electronics Co. falling after the company reported its earnings.
South Korea's Kospi fell 4%, while the small-cap Kosdaq index slipped 0.72%. Japan's Nikkei 225 traded marginally lower, although the broader Topix index edged up 0.60%.
Australia's benchmark S&P/ASX 200 declined 0.12%. Meanwhile, Hong Kong's Hang Seng index futures were trading at 23,571, below the benchmark's previous close of 23,616.32.
Technology stocks were among the biggest laggards, with Samsung sliding more than 5% despite reporting a 19-fold jump in quarterly profit. The Kospi Index declined 3.5%, while SK Hynix shares fell 1% af...
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