KOSPI Plunges 10.84% as Samsung and SK Hynix Drop Over 13%

South Korea's KOSPI fell 10.84% to 6023.63, with chipmakers SK Hynix and Samsung down over 13%. Japan's Nikkei also slid 3.95%, marking a sharp regional equity drawdown.

Woofun AI data shows that the South Korean KOSPI index closed at 6023.63 points, representing a decline of 732.12 points or 10.84%. During the session, the index breached the 6000-point threshold, marking a drop of over 11%, while cumulative losses for the month approached 30%. Semiconductor leaders SK Hynix and Samsung Electronics recorded declines exceeding 14% and 13% respectively.

In Japan, the Nikkei 225 index closed at 62364.92 points, down 2566.27 points or 3.95%. Japanese stock Armored led the decline, with losses surpassing 18%.