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Global Market: KOSPI drops over 2% as Samsung, SK Hynix slide on yield concerns

South Korean shares fell over 2% as higher bond yields weighed on risk appetite after a two-day holiday break. The KOSPI...

Global Market: KOSPI drops over 2% as Samsung, SK Hynix slide on yield concerns
Source: Economic Times - Forex

South Korean shares fell over 2% as higher bond yields weighed on risk appetite after a two-day holiday break. The KOSPI declined 2.13%, led by losses in Samsung Electronics and SK Hynix. Foreign investors sold Korean equities, while rising domestic yields and cautious sentiment around technology valuations added pressure.

SOURCE: Economic Times - Forex
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