South Korea’s Kospi extends selloff with 4% slide, down 9% over three sessions

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South Korea's Kospi extended a sharp three-day selloff (down ~9%) as Samsung's decline amplified doubts about the durability of AI-driven memory demand. Foreign investors turned net sellers, reinforcing risk-off positioning. The weakness is spilling into global semiconductors, with major U.S. chip names also sliding on concerns that AI infrastructure spending could slow. Near-term sentiment toward Korea and chip-linked equities has deteriorated materially.
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NCSIKOSPI2USD/USDT-9.71%
AI تجزیاتی سمجھ · NCSIKOSPI2USD/USDTAI تجزیاتی سمجھ
▼ Bearish
ابھی ٹریڈ کریں
⚠️ AI سے تیار کردہ تجزیاتی سمجھ خبروں کے مواد پر مبنی ہے اور صرف معلوماتی مقاصد کے لیے فراہم کی گئی ہے۔ یہ سرمایہ کاری کا مشورہ نہیں ہے اور نہ ہی BingX کے خیالات کی نمائندگی کرتی ہے۔ سرمایہ کاری میں رسک شامل ہے۔ براہ کرم ذمہ داری سے ٹریڈ کریں۔
South Korea’s Kospi fell for a third straight session, sliding another 4% and taking its three-day drop to 9%, its lowest level since late May. The decline was triggered after Samsung Electronics sank nearly 10% in the prior session despite forecasting a 19-fold jump in second-quarter operating profit, as investors questioned the durability of AI-led memory-chip demand. Foreign investors were net sellers of 471.7 billion won ($311.68 million) of Korean shares. Chip stocks also sold off globally, with Intel, Micron and others down more than 9%.