Global Market: Kospi slips as Samsung, SK Hynix decline before earnings
60-Word AI Digest
South Korean shares fell after the holiday break, with the KOSPI declining 0.49% as chipmakers weakened ahead of Samsung Electronics’ third-quarter earnings. SK Hynix dropped 2.72%, while foreign investors sold 564.5 billion won in equities. Gains in battery, auto and steel stocks partly offset losses, while the won weakened slightly.
Key Takeaways
- South Korean shares fell after the holiday break, with the KOSPI declining 0.49% as chipmakers weakened ahead of Samsung Electronics’ third-quarter earnings.
- SK Hynix dropped 2.72%, while foreign investors sold 564.5 billion won in equities.
- Gains in battery, auto and steel stocks partly offset losses, while the won weakened slightly.
South Korean shares fell after the holiday break, with the KOSPI declining 0.49% as chipmakers weakened ahead of Samsung Electronics’ third-quarter earnings. SK Hynix dropped 2.72%, while foreign investors sold 564.5 billion won in equities. Gains in battery, auto and steel stocks partly offset losses, while the won weakened slightly.
Original Publisher Attribution
This summary was curated from Economic Times.