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The Independent UK
The Independent UK
National
Via AP news wire

South Korea’s benchmark Kospi index sinks more than 7% as tech sell-off deepens

Kospi South Korea Inflation Stock Market United States
South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved.)

South Korea’s benchmark Kospi index sank more than 7% on Thursday as a sell-off of technology shares deepened after U.S. stocks fell on hotter-than-expected inflation data.

The Kospi index lost 7.1% in early trading to 5,584.83. Samsung Electronics slid 8.2% and South Korean memory chipmaker SK Hynix plunged 10.8%.

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