Business · Markets · 2 hrs ago
South Korean stocks fall sharply, with KOSPI near 6,100
South Korea’s main stock index, the KOSPI, fell 4.43% in early trading on October 13, to 6,101.25, close to the 6,100 level.
The KOSDAQ, another major South Korean market, dropped 3.56%.
Foreign investors were net sellers in both markets, while individual and institutional investors bought more shares than they sold on the KOSPI.
Shares of major companies fell, including Samsung Electronics and SK Hynix, which declined 4.79% and 5.17%.
Semiconductor stocks had also weakened in the United States overnight after China’s CXMT said it had advanced its DRAM technology and was reported to plan a new server product this year.
The news raised concern about stronger competition in the DRAM market.
The account gives no later market update or forecast.
South Korea’s KOSPI fell 4.43% to 6,101.25 at 9:08 a.m. on Oct. 13, threatening the 6,100 level.
The KOSDAQ dropped 3.56% to 818.95.
Foreign investors were net sellers of shares on both markets, while individual and institutional investors bought shares on the KOSPI.
Major KOSPI stocks fell, including Samsung Electronics and SK Hynix.
The article linked weakness in semiconductor shares to concerns about stronger competition after Chinese company CXMT claimed progress in DRAM technology.
- Who
- Investors in South Korean stocks, including foreign, individual and institutional investors.
- What
- The KOSPI and KOSDAQ fell sharply, with the KOSPI near 6,100.
- When
- Oct. 13, 2026; figures cited were at 9:08 a.m.
- Where
- South Korea’s KOSPI and KOSDAQ markets.
- Why
- The article cited foreign selling and concerns about stronger DRAM competition after Chinese company CXMT claimed technological progress.
This story does not have two clearly opposing sides.
U.S. markets ended mixed, with the Nasdaq and S&P 500 lower and the Dow higher.
The KOSPI was down 4.43% and the KOSDAQ was down 3.56%.
- KOSPI
- 6,101.25, down 282.99 points or 4.43% at 9:08 a.m.
- KOSDAQ
- 818.95, down 30.24 points or 3.56%.
- Foreign KOSPI selling
- Net sales of 469.8 billion won.
- Samsung Electronics
- Down 4.79%.
- SK Hynix
- Down 5.17%.
- Won-dollar exchange rate
- 1,337.2 won per dollar, up 1.4 won.
Sources
Related news
Hyundai Green Food adds care support for employees’ older relatives
APR shares fall as forecast points to weaker-than-expected third-quarter profit
Shoemarker shoes to be available for delivery through Baemin in South Korea
Samsung Electro-Mechanics executive honored for MLCC technology work
Broadcom and Intel CEOs warn funding could limit AI growth
Woori Bank gives 10 million won to military remains recovery agency
KIWOOM ETF to pay 146 won per share in October distribution
Southeast Asia emerges as a market for South Korea’s KF-21 fighter
KOSPI triggers five-minute trading halt as losses exceed 4%
South Korea’s Kospi falls more than 6% below 6,000
Won trades in the 1,330s as Samsung dividend and US rates pose risks
