South Korea's Kospi dives more than 5%, SK hynix down 10%

· economictimes.indiatimes.com

South Korea's Kospi stock index experienced a significant drop Monday morning. Tech firms faced heavy selling pressure due to AI investment boom worries. The Kospi index plunged over five percent in early trading sessions. Chip giant SK Hynix saw its shares dive more than ten percent. This occurred even after its US shares soared on Friday's debut.

Synopsis

South Korea's Kospi stock index experienced a significant drop Monday morning. Tech firms faced heavy selling pressure due to AI investment boom worri...


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