Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Indices

South Korean Shares Fall on Foreign Selling

The benchmark KOSPI slipped more than 1% to around 8,330 on Wednesday, reversing gains from the previous session, as persistent foreign selling continued to weigh on sentiment. The sell-off came as the Korean won remained near a 17-year low against the US dollar and overseas investors continued to reduce exposure to local equities. Chipmakers and other large-cap technology names came under pressure after an extended AI-driven rally, with investors locking in gains following another strong quarter for global semiconductor stocks. Losses were also recorded in Samsung Electronics (-4.0%), SK Hynix (-3.3%), SK Square (-4.3%), LG Energy Solution (-2.4%), Hyundai Motor (-1.4%), and SK Inc. (-9.4%). Meanwhile, South Korea’s exports surpassed $100 billion for the first time in June, driven by a near tripling in semiconductor shipments and strong AI-related demand for memory chips and server equipment, helping limit the market’s losses.

Octalas AI
Octalas Logo

Profit

Everyone's racing to cut costs. We're racing to create profit.

Start Selling through Service

Free for 14 days · No credit card required
Profit Through AI

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button