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South Korea KOSPI index October 12 closes lower 3.65%, while Samsung Electronics and SK SK Hynix also fell.
South Korea KOSPI index closes lower 3.65%BlockBeats reports that October 12, according to Bitget market data, the South Korean KOSPI index October 12(Monday) closed down 241.69 points, a decline of 3.65%at 6384.24 points, while Samsung Electronics fell 4.38%，SK and SK Hynix fell 4.52%.
Original link https://m.theblockbeats.info/flash/371322
South Korea KOSPI index October 12 closed down 241.69 points, a decline of 3.65%。
South Korea KOSPI index at 6384.24 points.
Samsung Electronics fell 4.38%。
SK SK Hynix fell 4.52%。
The report was published by BlockBeats and stated that the data came from Bitget market data.
The following is analysis, separate from reported facts. Verify important claims independently.
This means that South Korea’s main stock index fell significantly that day, while the share prices of Samsung Electronics and SK SK Hynix, two major technology companies, also declined in tandem.
The index and the two technology stocks fell simultaneously, indicating that the relevant market faced considerable selling pressure that day.
Beginners can understand the KOSPI as an index measuring the overall performance of the South Korean stock market; a larger decline generally indicates weaker overall performance by the stocks in the index.
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