South Korea Financial Markets
Members of media report near the screens showing the Korea Composite Stock Price Index (KOSPI), the Korean Securities Dealers Automated Quotations (KOSDAQ) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, Oct. 13, 2026.
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South Korea’s benchmark Kospi index has dropped more than 7% on Tuesday on a sell-off of chip shares and Asian shares mostly declined after U.S. stocks ended mixed. The Kospi index is down 7.4% to 5,914.35, its lowest level since late July. It had reached an all-time high in June after crossing 9,000, supercharged by the global artificial intelligence boom. Samsung Electronics has fallen 7.7%, while memory chipmaker SK Hynix has plunged 8.8%. Japan’s Nikkei 225 has dropped 2.5% to 67,292.39. Chip equipment maker Tokyo Electron has fallen 6.6%. SoftBank Group, an OpenAI investor, has lost 8%.