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Japan, South Korea Stocks Slump in Early Trading; Kospi Drops Over 4%, Nikkei 225 Falls Nearly 2%, Kioxia Tumbles Almost 10%

Japan, South Korea Stocks Slump in Early Trading; Kospi Drops Over 4%, Nikkei 225 Falls Nearly 2%, Kioxia Tumbles Almost 10%

TradingKey – On October 13, Japanese and South Korean stock markets weakened in early trading, with South Korean stocks extending losses further. The Korea Composite Stock Price Index (KOSPI) opened down 3.10% at 6,186.08 points, with losses subsequently widening to 4.37% at 6,105.50 points; Japan’s Nikkei 225 Index (N225) opened 0.68% lower at 68,564.85 points, with losses later expanding to 1.86% at 67,745.61 points.

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Source: TradingView

South Korean semiconductor leaders were under clear pressure. Samsung Electronics fell 4.59% to 239,000 won (about $1,723); SK Hynix dropped 5.05% to 1.524 million won. Japanese tech stocks also suffered significant declines, with SoftBank Group falling 6.79% to 5,409 yen (about $34) and Kioxia tumbling…

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