South Korea’s benchmark KOSPI index tumbled nearly 8% on Thursday, driven by renewed selling pressure in the semiconductor sector.
The broad-based sell-off erased the previous session's gains, with the index dipping as low as 6,730.87 points.
The decline marks a continuation of the severe volatility that has engulfed the market, following a nearly 10% crash earlier in the week that triggered a 20-minute trading halt.
The decline marks a continuation of the severe volatility that has engulfed the market, following a nearly 10% crash earlier in the week that triggered a 20-minute trading halt.
The technology sector remains the epicenter of the turmoil, with major chipmakers leading the decline.
Samsung Electronics and other key semiconductor names faced heavy selling, reflecting ongoing investor anxiety over the sector's near-term outlook.
The sharp repricing underscores the fragility of the market's recent recovery attempts, as panic selling once again overwhelmed buying interest.