Finance ministry announces internal review to stabilize markets after sharp declines in major stocks and indices.
South Korea’s Kospi index fell 6% today, extending losses as semiconductor giant SK Hynix tumbled 10%. The decline followed an initially higher open, signaling deepening investor concerns over market stability.
The drop follows recent volatility in tech stocks and broader market weakness. SK Hynix, a key player in memory chips, has faced pressure amid global demand concerns and sector-specific headwinds.
In response, the finance ministry said it is reviewing measures to stabilize domestic markets, though no specific actions have been announced yet.