KOSPI Index Today: Why Samsung’s 17% Five-Day Slide Is Dragging South Korea’s Market

The post KOSPI Index Today: Why Samsung’s 17% Five-Day Slide Is Dragging South Korea’s Market appeared first on Coinpedia Fintech News

South Korea’s KOSPI fell as much as 6.1% to near 5,996, its fifth straight daily loss and a drop of more than 15% in five sessions, leaving it roughly 35% below its June record high. Bull Theory estimated about ₩229 trillion ($150 billion) in market value was erased. Memory stocks led the rout, and Samsung …