South Korea's Kospi falls more than 6% as Samsung, SK Hynix tumble.

Mar 9, 2026, 12:14:37 AM UTC(41 days ago)
Impact: High

Affected Assets

  • South Korea's Kospi falls more than 6% as Samsung, SK Hynix tumble.
  • South Korea's KOSPI index fell more than 6%, with major declines in Samsung and SK Hynix.
  • Both Samsung and SK Hynix experienced double-digit percentage drops, with some reports indicating declines exceeding 10%.
  • The market downturn is described as the worst in a period of 19 months, with some reports indicating a crash of nearly 20% over two days.
  • The declines in Samsung and SK Hynix led to a temporary suspension of trading on the Korea Exchange in some instances.
  • The sell-off was driven by factors including energy dependency, FX weakness, and leveraged margin calls.

Sources

*S. KOREA'S KOSPI FALLS MORE THAN 6% AS SAMSUNG, SK HYNIX TUMBLE
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