KOSPI Reverses 2% Gain as Samsung and SK Hynix Drop Over 1%

South Korea's KOSPI index erased earlier 2% gains to close lower, driven by declines in major chipmakers Samsung Electronics and SK Hynix.

Woofun AI data shows that South Korea's KOSPI index reversed an earlier advance of more than 2% to finish the session lower. The downturn was accompanied by declines of over 1% in both Samsung Electronics and SK Hynix shares.