South Korea Stock Market (KRX) Today Live Update: KOSPI & KOSDAQ Index Surges Over 3% as AI Chip Stocks, Samsung, SK Hynix & SoftBank Retreat Amid Profit Booking - What Investors Should Know
India, June 29 -- South Korea Stock Market Today: South Korea's equity market commenced its trading week under the influence of a huge selling momentum triggered by a combination of geopolitical concerns, strength in the US dollar and the unwinding of profits from large cap tech stocks. The KOSPI index dipped below the 8,300 mark in today's trading amid continuing losses following Friday's steep decline. Declines in tech giants such as Samsung Electronics and SK hynix weighed down the overall indexes, even though there were hopes of government support for semiconductor and AI sectors of the economy.
Sentiments around the world were equally cautious following the tensions that arose once again between the US and Iran, resulting in anxiety...
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