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Korean Markets Hit by Turmoil as Chip Rout Forces Trading Halts

Bloomberg Markets Tuesday 28 July 2026, 04:40 UTC By Sangmi Cha 1 min read
Key Points

Korean Markets Hit by Turmoil as Chip Rout Forces Trading Halts South Korean stocks suffered a series of trading suspension on Tuesday, as a selloff in chipmakers spread across sectors. The benchmark Kospi Index plunged nearly 11%, with Samsung Electronics Co. and SK Hynix Inc. tumbling over 13% each. The Korea Exchange halted cash trading in both the Kospi and Kosdaq gauges for 20 minutes each, after earlier suspending program trades as futures plunged.

Korean Markets Hit by Turmoil as Chip Rout Forces Trading Halts South Korean stocks suffered a series of trading suspension on Tuesday, as a selloff in chipmakers spread across sectors. The benchmark Kospi Index plunged nearly 11%, with Samsung Electronics Co. and SK Hynix Inc. tumbling over 13% each. The Korea Exchange halted cash trading in both the Kospi and Kosdaq gauges for 20 minutes each, after earlier suspending program trades as futures plunged.
South Korean (ORG) Kospi (PERSON) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG) The Korea Exchange (ORG) Kosdaq (ORG)
Originally published by Bloomberg Markets Read original →

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