1 Day
Source:
مباشر
_1777294237270_124456903.png&w=64&q=75){kind=small}
Korean stocks plunge on chip decline
The semiconductor manufacturing sector crisis caused a sharp decline in South Korean stocks, with the "Kospi" index dropping by 4.8%, as shares of companies such as "SK Hynix" and "Samsung Electronics" fell. Foreign investors experienced losses of $480 million in stocks during the first two hours of trading. This comes amid fears of U.S. Treasury yields rising to 5.14%, with "Ellis" stock falling by more than 30%. South Korea is also conducting a potential IPO study for its "SolidAegem" unit, reflecting decreased confidence in the technology and cloud investment sector due to rising financing costs and structural challenges.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)