South Korea's KOSPI index fell 4%, with foreign investors selling 1.6 trillion won worth of stocks in early trading

Odaily Planet Daily reported that according to Gate data, the Korea Composite Stock Price Index (KOSPI) initially rose to the 8,000-point mark in early trading before retreating, now recording a 4% decline. Foreign investors sold 1.6 trillion won worth of KOSPI stocks during early trading. Samsung Electronics, SK Hynix, and SK Square were the main drags on the index. Market attention is focused on Samsung Electronics' wage negotiations with unions and a possible strike, with Samsung Electronics' stock price falling 5.1% at one point.