Skip to content
The San Antonio

South Korea's Kospi share index falls nearly 7%, other Asian shares also mostly lower

South Korea's Kospi share index falls nearly 7%, other Asian shares also mostly lower
Photo: KSAT 12 (ABC affiliate) · view original

South Korea’s Kospi share index dropped 8% on Wednesday on prolonged selling of chipmaking shares. The latest rout was led by a plunge in shares in chipmaker SK Hynix after its profit in the last quarter fell short of analysts’ forecasts even though it soared. By midday in Seoul, the Kospi was do...

Sources and story details