Korea’s KOSPI fell 4.58% as Samsung Electronics and SK hynix tracked the Nasdaq’s AI-spending scare, triggering a sell-side sidecar. KOSDAQ closed higher on a biotech rotation, and retail investors bought the dip against heavy foreign selling.
A day after a 5.12% plunge, the KOSPI swung from +1.8% to -2.7% intraday before stabilizing near 6,228 by late morning, as Samsung Electronics and SK Hynix steadied. The KOSDAQ was up nearly 5% by late morning, triggering its third consecutive buy-side sidecar as money rotated into biotech, robotics and batteries. Figures for August 4 are an intraday snapshot, not final closes.
The KOSPI fell 1.23% to 5,593.56 for a third straight loss as a morning push toward 6,000 collapsed under semiconductor profit-taking. SK hynix sank 5.6% while batteries and banks rallied, and foreign investors returned as net buyers on the main board.
The KOSPI fell 10.84% to 6,023.66 and briefly broke below 6,000 as China semiconductor fears hammered Samsung Electronics and SK hynix. Both exchanges halted trading with sidecars and circuit breakers while foreign investors dumped roughly $3.4 billion of Korean stocks.
One company accounts for roughly a fifth of Korea’s benchmark index. Here is how KOSPI’s cap-weighted methodology turns Samsung Electronics and the memory-chip cycle into the index itself – and what that means for anyone tracking or buying Korean equities.
The KOSPI fell 5.72% and the KOSDAQ 5.32% as new US tariffs, oil above $100 and an overnight Wall Street slide hit at once, triggering sell sidecars. Foreigners dumped roughly $2.2B of KOSPI shares while Samsung Biologics jumped 10% on record earnings.
The KOSPI fell 6.37% to 6,820.60 as SK hynix dropped 11.5% and Samsung Electronics 8.8%, extending a July that has already seen six sessions with moves larger than 5% — on a day that also brought a Bank of Korea rate decision.
The KOSPI rebounded 0.73% to 6,856.83 as foreign and institutional buyers scooped up semiconductor stocks after Monday’s 8.95% crash, while the KOSDAQ sank to a fresh year low. The Bank of Korea decides rates on Thursday.
Korea’s KOSPI plunged 8.95% to 6,806.93 on Monday, triggering the year’s seventh circuit breaker, as SK hynix fell 15.4% and Samsung Electronics 10.7% on Middle East tensions and a leveraged-ETF flow shock.
The KOSPI closed up 0.62% at 7,291.91 after an extreme intraday swing of roughly 480 points. SK hynix surged 5.3% on US ADR listing hopes while institutions absorbed about $880 million of retail selling.