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Korean Stocks Slump 6% as Chipmakers Hit by Renewed Selloff

Korean Stocks Slump 6% as Chipmakers Hit by Renewed Selloff
Bloomberg Markets Friday 26 June 2026, 02:42 UTC By Sangmi Cha 1 min read
Key Points

Korean Stocks Slump 6% as Chipmakers Hit by Renewed Selloff South Korean stocks fell as renewed selling in chipmakers highlighted their heightened sensitivity to swings in global artificial-intelligence sentiment. The benchmark Kospi slid as much as 6.3% on Friday, erasing gains from the previous session and prompting the Korea Exchange to briefly halt program selling. Samsung Electronics Co. and SK Hynix Inc. each fell more than 7%.

Korean Stocks Slump 6% as Chipmakers Hit by Renewed Selloff South Korean stocks fell as renewed selling in chipmakers highlighted their heightened sensitivity to swings in global artificial-intelligence sentiment. The benchmark Kospi slid as much as 6.3% on Friday, erasing gains from the previous session and prompting the Korea Exchange to briefly halt program selling. Samsung Electronics Co. and SK Hynix Inc. each fell more than 7%. Foreign funds sold 2.5 trillion won ($1.6 billion) of Kospi shares in the morning session.
Korean (ORG) South Korean (ORG) Kospi (PERSON) the Korea Exchange (ORG) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG)
Originally published by Bloomberg Markets Read original →

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