South Korean KOSPI Index Plunges 7% as SK Hynix and Samsung Electronics Suffer Heavy Losses
2026-06-23 13:04

Data compiled by Woofun AI shows that the South Korean KOSPI index experienced a severe intraday correction, plunging 7.00% to settle at 8475.26 points. This significant downturn was primarily fueled by heavy losses in the technology sector, with semiconductor giant SK Hynix leading the decline by falling 8.19%.

Concurrently, Samsung Electronics also faced substantial downward pressure, retreating 5.94%, which underscores the widespread nature of the sell-off across key blue-chip equities.

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