South Korea’s stock market dropped further, with the KOSPI index losing ground amid significant selloffs in major semiconductor companies. Samsung Electronics and SK Hynix were at the center of the decline, dragged down by worries about the future of AI investments and rising Brent crude prices.
Investors grew cautious as uncertainties over potential U.S. tariffs added pressure on technology stocks. The combination of these factors led to a weaker market sentiment, extending losses across the board.
The tech sector, which fuels much of South Korea’s market, continues to face volatility influenced by global economic shifts and geopolitical concerns.
