KOSPI plunges as Korea tech giants sell off

South Korean stocks came under heavy pressure, with the KOSPI reportedly plunging nearly 7%.
The Korea Exchange briefly halted selling as renewed U.S.-Iran war fears rattled global markets.
Samsung and SK Hynix, which together make up a major share of the index, were hit hard, with reported losses of around 6.5% and 10%.
That matters because Korea’s market is highly exposed to semiconductors and global risk sentiment.
For investors, the bigger signal is that geopolitical shocks are spreading quickly into Asian equities and high-beta tech supply chains.