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Affected by artificial intelligence financing concerns and rising oil prices increasing risk aversion, the Korea Composite Stock Price Index has been falling for five consecutive trading days. The South Korean stock market, which was once hailed as the “best stock market” in the global AI investment boom, is facing a major withdrawal of foreign investment. On the 13th, Korea's KOSPI index closed down 5.46% to 6035.35 points, a new closing low since August. Among them, SK Hynix fell by more than 10%. South Korea's “Seoul Economy” reports that the South Korean stock market plummeted on the morning of the 13th, and foreign investors continued to sell Samsung Electronics and SK Hynix shares. South Korea's “Chosun Ilbo” reported on the 13th that according to data released by the Korea Exchange on the 13th, from the first trading day at the beginning of the year to October 12, foreign investors had accumulated net sales of 199.1 trillion won in the KOSPI market. Among them, the net sales of Samsung Electronics were 86.06 trillion won and SK Hynix was 87.14 trillion won, for a total of 173.20 trillion won. The total net sales of these two stocks accounted for 87% of KOSPI's total net sales.
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Affected by artificial intelligence financing concerns and rising oil prices increasing risk aversion, the Korea Composite Stock Price Index has been falling for five consecutive trading days. The South Korean stock market, which was once hailed as the “best stock market” in the global AI investment boom, is facing a major withdrawal of foreign investment. On the 13th, Korea's KOSPI index closed down 5.46% to 6035.35 points, a new closing low since August. Among them, SK Hynix fell by more than 10%. South Korea's “Seoul Economy” reports that the South Korean stock market plummeted on the morning of the 13th, and foreign investors continued to sell Samsung Electronics and SK Hynix shares. South Korea's “Chosun Ilbo” reported on the 13th that according to data released by the Korea Exchange on the 13th, from the first trading day at the beginning of the year to October 12, foreign investors had accumulated net sales of 199.1 trillion won in the KOSPI market. Among them, the net sales of Samsung Electronics were 86.06 trillion won and SK Hynix was 87.14 trillion won, for a total of 173.20 trillion won. The total net sales of these two stocks accounted for 87% of KOSPI's total net sales.
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