TradingKey – Japanese and South Korean stocks open down across the board! KOSPI falls below 6,900, Nikkei drops below 66,000; Samsung tumbles while SK Hynix defies the trend to surge over 3%.

During the Asian trading session on August 24, both Japanese and South Korean markets opened lower, influenced by high-level consolidation in U.S. tech stocks and cautious market sentiment. Among them, the Korea Composite Stock Price Index (KOSPI) fell 1.17%, breaking below the 6,900 mark to trade at 6,832.23 points. Heavyweight stocks diverged, with SK Hynix rising 3.58% to approach the 1.8 million mark, trading at 1,792,000 KRW; Samsung Electronics fell 4.26%, losing the 270,000 level to trade at 269,500 KRW.

KOSPI Index Chart, Source: TradingView

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