KOSPI Drops 4.6% While Nikkei 225 Declines 0.93% in Asian Trading

South Korea's KOSPI fell 4.6% and Japan's Nikkei dropped 0.93%. Major tech stocks Kioxia, SK Hynix, and Samsung Electronics suffered significant losses amid broader market weakness.

Woofun AI reports that the Nikkei 225 index closed at 65,683.26 points on Thursday, August 6, marking a decline of 617.18 points or 0.93%. Within the Japanese market, Kioxia shares dropped by more than 9%. In South Korea, the KOSPI index fell 302.82 points to close at 6,295.44, representing a 4.59% decrease. Conversely, the KOSDAQ index rose slightly by 0.26%. Major semiconductor and electronics firms faced heavy selling pressure, with SK Hynix down 10.3% and Samsung Electronics declining 6.3%.