All articles tagged with #kospi
Asia stocks fell as a renewed AI-chip selloff hit semiconductor names: South Korea’s KOSPI dropped about 5% with Samsung Electronics and SK Hynix sinking sharply, while Japan’s Nikkei 225 fell around 1.6% as AI sentiment cooled. The broader AI supply chain also weakened after Micron and SanDisk slid overnight, with investors cautious ahead of upcoming U.S. data and policy cues.
South Korea’s KOSPI plunged more than 8% and triggered a 20-minute circuit breaker as heavy declines in chipmakers Samsung Electronics and SK Hynix, and Apple’s price hikes, pressured tech shares amid chatter of OpenAI delaying its IPO; the move capped a week of AI-related profit-taking, with the index still up about 90% in 2026 despite the volatility and looming policy risks.
Asia's tech shares rebounded after a global sell-off, led by Samsung Electronics' more-than-9% jump and gains for SK Hynix, with mixed moves across Japan and China; US tech names fell overnight as the Nasdaq slid about 2%, and memory-chip makers Micron and Sandisk dropped around 13%, suggesting the rally could be a pause rather than a reversal, according to analysts.
South Korea’s KOSPI fell about 10% in a tech-led rout, with SK Hynix overtaking Samsung in value. Wedbush’s Dan Ives argues the pullback is a breather, not a sign AI demand is fading, noting tight supply of high-bandwidth memory and the central role of memory-makers like SK Hynix, Micron, and Samsung in the AI buildout; Micron’s upcoming earnings could offer a key read on demand for AI memory.
Global tech stocks slumped as a brutal chip selloff followed a high-flying AI rally, with the Nasdaq 100 down about 3% and South Korea’s KOSPI nearly 10% lower; Samsung Electronics and SK Hynix each fell around 12%, as investors rotated into more defensive plays.
South Korea’s Kospi fell 10% on Tuesday, led by double‑digit declines in Samsung and SK Hynix and triggering a 20‑minute circuit breaker, as global tech sell‑offs and fears that AI valuations have run too high spooked investors; U.S. stock futures slid and other Asian markets dropped, underscoring a broad risk‑off move tied to AI exposure and possible tighter policy.
South Korea’s KOSPI slumped about 8% and triggered a second circuit breaker as investors booked profits from a record AI-driven rally, led by semiconductor giants SK Hynix and Samsung Electronics; sentiment was dampened further by MSCI index-review news that Korea won’t be included in the developed markets, though the index remains a top performer year-to-date.
Asian equities climbed after a U.S.–Iran peace framework boosted risk appetite: the Nikkei 225 and KOSPI hit records on AI and chip-related strength, while Hong Kong lagged on internet-stock losses amid Beijing’s cross-border investment crackdown; sentiment was supported by firmer US stock futures (S&P 500 futures up around 0.9%), though investors remained mindful of potential Fed rate hikes. China was mixed (CSI 300 up slightly, Shanghai Composite down), and India benefited from falling oil prices that improved the growth outlook.
Asian shares edged higher as AI-related tech gains supported sentiment and tensions between Israel and Iran cooled; South Korea’s KOSPI rose about 3% led by Samsung Electronics and SK Hynix amid a Nvidia partnership, Japan’s Nikkei gained roughly 0.9% with chipmakers like Tokyo Electron rallying, and Chinese markets rose on stronger May exports; Hong Kong slipped, Australia’s ASX 200 fell, and India’s Nifty 50 futures edged lower.
Tech stocks in Asia fell sharply after Nasdaq's Friday drop, with South Korea's Kospi sliding as much as 8.8% and Samsung Electronics and SK Hynix down over 10%, triggering a 20-minute trading halt. The weakness spread to Japan and Taiwan as investors weighed AI-driven hype against memory-chip supply concerns, while Seoul discussed market-stability measures and foreign selling pressured the won.
South Korea’s Kospi tumbled about 5% as Samsung Electronics and SK Hynix led losses, dragging regional equities lower; Japan’s Nikkei-225 slipped ~1.5% while Hang Seng and CSI-300 were mixed. A Wall Street rotation away from AI/semiconductors weighed on tech stocks, with the Dow hitting a record as investors weighed Middle East tensions and oil volatility; India’s Nifty-50 edged higher amid a broadly mixed U.S. market.
Asia-Pacific stocks were mixed as investors weighed signals from the U.S.–Iran conflict; Japan’s Nikkei 225 and South Korea’s KOSPI slipped about 2% from record highs while Hong Kong steadied on tech names after Wall Street’s overnight records, helped earlier by Nvidia’s AI push. Momentum cooled as chipmakers led gains and subtle profit-taking set in; Korea’s May CPI also boosted expectations of higher rates from the Bank of Korea.
South Korea’s SK Hynix crossed the $1 trillion market-cap threshold, reaching about 1.66 quadrillion won (~$1.10 trillion) as AI-driven demand for DRAM and NAND fuels profits; the stock has surged ~240% this year, fueling a broader AI-fueled rally in Korea’s equity market, with rivals Micron and Samsung also pushing toward the milestone.
Asian stocks climbed to fresh records on Wall Street’s AI-driven tech rally, led by Japan’s Nikkei and South Korea’s KOSPI as chipmakers including SK Hynix, Samsung and Micron join the trillion-dollar club; gains were tempered by ongoing Iran peace-talk uncertainties amid Middle East tensions, with oil hovering near $99 as markets awaited US inflation data.
South Korea's KOSPI briefly hit a record around 8,046 before reversing to fall more than 2% as Trump signalled less patience with Iran, lifting oil and pulling US futures lower; the index remains on track for a sixth straight weekly gain despite the intraday selloff.