How did Koreas stock market fall 39% after huge chip profit news? SouthKorea KOSPI Investing [mrM6ELRTrF8]
The KOSPI closed above 9,100 on June 22, then fell to 5,593.56 by July 30. We follow the real market graph and see the complete drop. Then we look inside a different benchmark. At the end of June, SK Hynix and Samsung together represented 50.79% of the MSCI Korea 25/50 Index. SK Hynix reported a record quarter, and Samsung guided to almost 90 trillion won in operating profit. Large profit figures do not guarantee higher share prices. The chart shows why moves in just two companies can pull a much broader Korea benchmark.