On October 20, the KOSPI index is experiencing a decline of nearly 5% during trading.
According to the Korea Exchange, as of 10:15 a.m., the KOSPI is down 269.45 points (4.63%) at 5500.24.
In the securities market, foreign and institutional investors sold a net 430.3 billion won and 400.5 billion won, respectively, while individual investors bought a net 669 billion won.
At the same time, the KOSDAQ is trading at 775.29, down 33.48 points (4.14%).
Currently, Samsung Electronics is down 2.64%, while SK Hynix has dropped 6.26%. Other major stocks are also declining, including SK Square at -6.67%, Hyundai Motor at -4.29%, Naver at -2.52%, Samsung Electro-Mechanics at -2.14%, and Samsung SDI at -2.70%.
On the previous day, while stocks related to artificial intelligence and semiconductors rose on the New York Stock Exchange, political uncertainties in Europe due to protests in France and rising U.S. government bond rates have hindered a full recovery in investor sentiment. The domestic market is reflecting a similar trend.
The Dow Jones Industrial Average fell 0.07%, while the S&P 500 index rose 0.41%, and the Nasdaq Composite increased by 1.11%.
The Philadelphia Semiconductor Index rose 1.61%, marking its first increase in nine trading days, influenced by gains in Micron (2.97%), SK Hynix American Depositary Receipts (4.67%), and Nvidia (1.38%).
However, the yield on the U.S. 10-year Treasury rose by 6.69 basis points to 5.1397%, while the 30-year Treasury yield increased by 4.64 basis points to 5.4673%.
* This article has been translated by AI.
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