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Middle East tensions hit retail investors as Kospi falls 2.08% for the week

NewsFeeds update

The story so far: KOSPI decline led by chipmakers

South Korea's KOSPI has fallen sharply in mid-October, with chipmakers leading losses. On 23 October it fell 4%, with Samsung down 5% and SK Hynix down 4%. On 30 October the KOSPI triggered a circuit breaker, with SK Hynix and Samsung each down more than 5%, as global tech stocks slumped.

  1. South Korea's KOSPI falls more than 1% as SK Hynix and Samsung slide

    South Korea's KOSPI index fell more than 1% in the day, with SK Hynix down 2.44% and Samsung Electronics down 2.42%, according to Gate data.

    MacroOdailyAINeutral

  2. KOSPI losses widen past 4% as SK Hynix and Samsung slide

    South Korea's KOSPI fell as much as 4.49% on 13 October to 6,097.34 points, according to Gate data. SK Hynix and Samsung Electronics each dropped more than 4%.

    MacroOdailyAIBearish

  3. South Korean stocks tumble, triggering KOSPI sidecar mechanism

    South Korea's stock index fell sharply, prompting the exchange to activate the sidecar mechanism for the KOSPI index.

    MacroOdailyAIBearish

  4. South Korea's KOSPI falls more than 6% to three-month low

    South Korea's KOSPI index fell for a seventh straight session, dropping more than 6% to its lowest level since 31 July. Semiconductor heavyweights led the decline, with Samsung Electronics down 6.47% and SK Hynix down 7.54%.

    MacroOdailyAIBearish

  5. South Korea's KOSPI falls 7% as SK Hynix drops 10%

    South Korea's KOSPI index extended its losses to 7%, with SK Hynix down 10% and Samsung Electronics falling nearly 8%.

    MacroPANewsAIBearish

  6. South Korea's KOSPI plunges 8% as SK Hynix and Samsung slide

    Gate data shows South Korea's KOSPI index fell 8% intraday to 5,527.29 points. SK Hynix dropped more than 11% and Samsung Electronics more than 9%.

    MacroOdailyAIBearish

  7. South Korea's KOSPI falls 9.00% in intraday trade

    South Korea's KOSPI index fell 9.00% during the session and stood at 5,467.66 points, according to Gate data.

    MacroOdailyAIBearish

  8. Samsung and SK Hynix share falls cost South Korea's pension fund $137bn, FnGuide data show

    South Korea's National Pension Service lost 182 trillion won, about $137bn, as holdings in Samsung Electronics, SK Hynix and others fell, FnGuide data show. Its stakes in 287 listed companies were worth 333.53 trillion won on 15 Oct, down from 515.93 trillion won at June's end.

    MacroPANewsAINeutral

  9. Lee Jae-myung says South Korea will take steps to normalise stock market

    South Korea's president, Lee Jae-myung, said the government is assessing measures to normalise the stock market after recent falls and will take necessary steps soon. He said sharp rises are inevitably followed by corrections and that Seoul's market is heavily undervalued.

    MacroOdailyAINeutral

  10. South Korea's president Lee says stock market is deeply undervalued

    South Korea's president Lee said the country's stock market is deeply undervalued, according to a headline report. No further details were given.

    MacroBloomingbitAINeutral

  11. Kospi falls 1.31% to slip back below 5,700

    South Korea's Kospi index fell 1.31%, slipping back below the 5,700 level despite a rebound in US technology stocks.

    MacroBloomingbitAINeutral

  12. South Korea's KOSPI falls 4.00% to 5,536.97 points

    South Korea's KOSPI index fell 4.00% to 5,536.97 points, according to Gate data.

    MacroOdailyAIBearish

  13. Kospi falls as much as 4.76% as foreign and institutional investors sell

    South Korea's Kospi fell as much as 4.76% and briefly lost the 5,500 level, with foreign investors net selling KRW 636.7bn and institutions KRW 467bn, including KRW 159bn from pension funds. Eugene analyst Huh Jae-Hwan said the selling was indiscriminate and the market looked very fragile.

    MacroOdailyAIBearish

  14. South Korea's KOSPI closes down 3.73% at 5,553.08

    South Korea's KOSPI index closed down 214.93 points, or 3.73%, at 5,553.08 on 20 October, with Samsung Electronics down 2.98% and SK Hynix down 4.22%.

    MacroOdailyAIBearish

  15. Lee Kyoung-min says AI investment worries linger as Kospi falls 3.73%

    South Korea's Kospi fell 215.27 points, or 3.73%, to close at 5,552.74, its lowest close since 7 April, as chip stocks weakened on concerns about the global AI investment boom. Daishin Securities analyst Lee Kyoung-min said the recent rebound has limited durability because worries over credit and profitability in AI investment have not fully cleared.

    AIOdailyAIBearish

  16. South Korea's KOSPI index falls 2.00% during trading

    South Korea's KOSPI index dropped 2.00% intraday on 22 October.

    MacroPANewsAIBearish

  17. South Korea's KOSPI falls 4.00% intraday to 5,503.73 points

    South Korea's KOSPI index dropped 4.00% during trading on 22 October and stood at 5,503.73 points.

    MacroPANewsAIBearish

  18. South Korea's KOSPI falls 4% as Samsung and SK Hynix slide

    South Korea's KOSPI index fell 4%, with Samsung Electronics down 5% and SK Hynix down 4%, according to Gate data.

    MacroOdailyAINeutral

  19. Middle East tensions hit retail investors as Kospi falls 2.08% for the week

    Middle East tensions rattled retail investors, with the Kospi down 2.08% for the week and Brent crude above $117.

    MacroBloomingbitAIBearish

  20. South Korea's KOSPI falls 3% in a day as Samsung Electronics drops nearly 6%

    South Korea's KOSPI index fell 3.00% on the day to 5,831.67 points, with Samsung Electronics down nearly 6% and SK Hynix down 0.4%, RootData market data shows.

    MacroChainCatcherAINeutral

  21. South Korea's KOSPI falls 4% as SK Hynix drops more than 7%

    South Korea's KOSPI index extended its decline to 4%, falling below 5,700 points, while SK Hynix dropped more than 7% and Samsung Electronics fell over 4%.

    MacroOdailyAINeutral

  22. Kospi losses widen to 5% as SK Hynix falls nearly 9%

    Gate data show South Korea's Kospi index down 5%, with SK Hynix falling nearly 9% and Samsung Electronics down more than 5%.

    MacroOdailyAINeutral

  23. Global tech stocks slump as Nasdaq futures fall 2% and KOSPI triggers circuit breaker

    Amazon fell 7.3% after hours and Intel plunged 23%, after Alphabet dropped 13% in a session, sending Nasdaq futures down 2%. South Korea's KOSPI triggered a circuit breaker, with SK Hynix and Samsung Electronics each down more than 5%.

    MacroChainCatcherAIBearish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.