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As market concerns about the future of the artificial intelligence industry intensified, there was a sell-off on Wall Street. The Korea Composite Index, which accounts for relatively high chip stocks, once fell 3.2%, then the decline narrowed. SK Hynix, Samsung Electronics, and Samsung Electric are the main components that are dragging down the index. In early trading, retail investors led the sell-off, with a net sale of 377 billion won of Korea Composite Index constituents, while foreign and local funds showed a buying trend. The biggest decline in the small-cap KOSDAQ index was 2.7%.
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As market concerns about the future of the artificial intelligence industry intensified, there was a sell-off on Wall Street. The Korea Composite Index, which accounts for relatively high chip stocks, once fell 3.2%, then the decline narrowed. SK Hynix, Samsung Electronics, and Samsung Electric are the main components that are dragging down the index. In early trading, retail investors led the sell-off, with a net sale of 377 billion won of Korea Composite Index constituents, while foreign and local funds showed a buying trend. The biggest decline in the small-cap KOSDAQ index was 2.7%.
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