KOSPI Falls Far Harder Than Nikkei as AI Earnings Scare Hits Chipmakers
South Korea’s KOSPI fell 4.77% from Thursday’s close to 5,654.61 by 10:40 a.m. Seoul time on Friday. The drop followed a 12.64% slide in Alphabet shares after the Google parent’s capital spending more than doubled. Japan’s Nikkei 225 lost 2.81% over the same stretch, so KOSPI fell about 1.7 times as hard. Samsung Electronics and The post KOSPI Falls Far Harder Than Nikkei as AI Earnings Scare Hits Chipmakers appeared first on BeInCrypto.
Key Takeaways
- South Korea’s KOSPI fell 4.77% from Thursday’s close to 5,654.61 by 10:40 a.m.
- Seoul time on Friday.
- The drop followed a 12.64% slide in Alphabet shares after the Google parent’s capital spending more than doubled.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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