South Korea’s Kospi index fell 6.45% on Wednesday, dropping from 6,869 to 6,426 points, prompting the Korea Exchange to activate a sell-side sidecar. Program trading on Kospi-listed shares was suspended for five minutes at 9:06 a.m., interrupting a rebound the index had staged in prior sessions. Samsung Electronics and SK Hynix, two semiconductor giants accounting for a large share of the index’s weighting, led the decline as investors tracked overnight losses on Wall Street in the chip sector. SK Hynix fell 9.20% to $155.62 on the New York Stock Exchange on Tuesday, then slipped another 1.38% in after-hours trading.
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