Japanese and South Korean Stock Markets Close Lower, KOSPI Falls Over 6%

BlockBeats News, May 15th, according to Bitget market data, the South Korean KOSPI index fell by 6.12% on Friday, closing at 7493.2 points. The index briefly surpassed 8000 points to hit a record high during the session, then continued to decline. The technology sector saw a significant outflow of funds, with SK Hynix dropping by 7.66% and Samsung Electronics down by 8.61%.

The Nikkei 225 index fell by 1.99%, closing at 61409.29 points.