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South Korean shares fall more than 4% on profit-taking

South Korean stocks experienced a sharp decline of over 4% on Tuesday, with the KOSPI index plummeting as investors cashed in on recent gains in chipmaker shares. Major players like Samsung Electronics and SK Hynix saw significant drops. This profit-taking, particularly by foreign investors, led to a trading curb being briefly triggered. The won also saw a slight appreciation against the dollar.

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Economic TimesLean R·2h ago
South Korean shares fall more than 4% on profit-taking
South Korean stocks experienced a sharp decline of over 4% on Tuesday, with the KOSPI index plummeting as investors cashed in on recent gains in chipmaker shares. Major players like Samsung Electronics and SK Hynix saw significant drops. This profit-taking, particularly by foreign investors, led to a trading curb being briefly triggered. The won also saw a slight appreciation against the dollar.
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South Korean shares fall more than 4% on profit-taking

How 1 sources are covering this

South Korean shares fall more than 4% on profit-taking

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