KRX Activates Sell-Side Sidecar for KOSPI on Sharp Fall
20 Articles
20 Articles
Global Market Today: Asian stocks join US selloff as AI slump deepens
South Korea’s tech-heavy Kospi Index slid 8.8% in early trading, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and SK Hynix Inc. both plunging more than 9%. Japan’s benchmark Nikkei 225 Stock Average lost 6.2%, while the MSCI Asia Pacific Index declined 2.9%. Futures pointed to losses in Taiwan, Hong Kong and China.
Asian stocks were mixed on Thursday, with technology stocks suffering a major sell-off. South Korea's Kospi index fell more than 5 percent, prompting a temporary trading halt, while Samsung and SK Hynix fell sharply. Investors are increasingly concerned about the semiconductor industry's growth prospects and the return on investment in artificial intelligence after disappointing quarterly reports from U.S. chipmakers. But sentiment was buoyed by…
Democratic landslide victory highlights concerns about slowing down AI development and data center construction; KOSPI plunges over 4% triggering 'sell circuit breaker'... KOSDAQ semiconductor equipment stocks plummet. The sharp decline in the domestic stock market on the 5th is due to the Democratic Party's landslide victory in the U.S. midterm elections and artificial intelligence
South Korea ' s stock markets experienced a sharp collective decline during today ' s Thursdays, amid a wave of sales involving key indicators and major technology companies and semiconductors.
The KOSPI is plunging by over 4% in early trading on the 5th as concerns grow over regulations on the construction of artificial intelligence (AI) data centers following the realization of the so-called "Blue Wave," in which the Democratic Party gained control of both the House and Senate after the U.S. midterm elections. As of 10:18 a.m. on this day, the KOSPI recorded 5,417.86, down 4.68% from the previous day.
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