TradingKey – The KOSPI and Nikkei 225 indices continued to pull back, with Samsung Electronics, SK Hynix, SoftBank, and Kioxia falling across the board.

During the Asian trading session on June 29, Japanese and South Korean stock markets diverged at the open but both declined. South Korea’s KOSPI opened lower and continued to slide, falling 3.05% to temporarily trade at 8,154.92 points; the Nikkei 225 opened higher but turned lower, dropping 1.31% to temporarily trade at 68,455.32 points.

KOSPI Index Chart, Source: TradingView

Among individual stocks, heavyweight shares plunged collectively. Kioxia fell 2.57%, breaking below the 90,000 yen threshold to temporarily trade at 89,810 yen; SoftBank declined 1.3%, approaching the 6,000 yen mark…