Global Markets
S&P 500 — US Large Cap Index
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Euro Stoxx 50 — Eurozone Leaders
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Hang Seng — Hong Kong Index
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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 Slide to 3-Week Low

The benchmark KOSPI slipped nearly 4% to around 7,990 on Thursday, extending losses to its lowest level in three weeks, as a global selloff in AI-related semiconductor stocks pressured market heavyweights. The decline followed sharp overnight losses in US chipmakers after concerns over the sustainability of AI spending triggered a broad technology retreat, prompting investors to trim positions in South Korea’s heavily weighted semiconductor sector following the market’s strong first-half rally. Losses were led by Samsung Electronics (-6.7%) and SK Hynix (-8.4%), alongside SK Square (-9.3%), Hyundai Motor (-3.2%), HD Hyundai Heavy Industries (-2.9%), Doosan Enerbility (-3.2%), SK Inc. (-8.9%), and Hyundai Mobis (-3.1%). Domestic sentiment was also pressured after South Korea’s annual inflation rate accelerated to 3.2% in June, the highest since December 2023, reinforcing expectations that the Bank of Korea could maintain a tighter policy stance.

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