South Korea's Kospi fell as much as 8.8% on Friday, forcing a 20-minute trading halt, as Samsung Electronics and SK Hynix each dropped over 11%. The selloff followed a global AI rout that cut the Nasdaq 100 by 6.4% after US midterm elections raised fears of tighter AI regulation. The Kospi is now about 46% below its June record.
Kospi Plunges Below 5,000 as AI Fears Trigger Trading Halt
Source: Moneycontrol