The South Korean Stock Market Plunges 5%, SK Hynix Falls 6%

BlockBeats News, June 26th, according to Bitget market data, the South Korean KOSPI index experienced a sharp drop of 5% intraday, now trading at 8477.78 points. SK Hynix fell over 6%, and Samsung Electronics dropped by 5.7%.

The South Korean exchange initiated a temporary halt (Sidecar) for KOSPI due to a 5% drop in KOSPI 200 futures, with a 5-minute pause in program trading.