South Korean stock index accelerates decline in afternoon trading, with SK Hynix leading losses
According to Odaily Planet Daily, data from Gate shows that the KOSPI index in South Korea has fallen 1.00% intraday. Heavyweight stock SK Hynix dropped 2.36%, while Samsung Electronics fell 1.8%. Affected by this, the Southern 2x Leveraged Hynix ETF fell 5.75%, and the 2x Leveraged Samsung ETF dropped 4.51%. Earlier reports indicated that the latest data shows South Korea's semiconductor exports surged 209% year-on-year, reaching a record $46.65 billion in August, accounting for 47.5% of the country's total merchandise exports.
