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Japan, South Korea Stocks Slump in Early Trade; Kospi Drops Over 4%, SK Hynix Falls Over 6%, Kioxia Down Over 8%

Japan, South Korea Stocks Slump in Early Trade; Kospi Drops Over 4%, SK Hynix Falls Over 6%, Kioxia Down Over 8%

TradingKey – On October 15, Japanese and South Korean stock markets fell sharply in early trading, with South Korean stocks suffering particularly notable losses. The Nikkei 225 Index opened 1.28% lower at 66,880.37 points before extending its decline to 2.39% at 66,124.77 points; the Korea Composite Stock Price Index (KOSPI) opened 5.59% lower at 5,673.01 points before rebounding to 5,736.59 points, narrowing its loss to 4.53%.

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Source: TradingView

South Korean semiconductor leaders faced a sell-off, with Samsung Electronics falling 5.39% to 219,500 won (approx. $193) and SK Hynix dropping 6.55% to 1.326 million won. Japanese tech stocks were also under pressure, with Kioxia dropping 8.10% to 13,500 yen (approx. $85) and SoftBank Group…

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