Economy · 6 sources combined
KOSPI plunges 5.28%
Samsung, SK Hynix fall 7-9%
In short
Democrats secured majorities in both houses in the US midterm elections.
Concerns grew that AI data center regulations could be strengthened.
Domestic large-cap semiconductor stocks fell sharply as a result.
Key facts
| When | On November 5, the day after the US midterm elections, the domestic stock market plummeted. |
|---|---|
| Who | Large semiconductor stocks including Samsung Electronics and SK Hynix led the decline. |
| What | KOSPI fell 5.28%, Samsung Electronics 7.57%, SK Hynix 9.46%. |
| How | A sell-off circuit breaker was triggered and foreigners net-sold 3.4242 trillion won. |
What it means for me
Investors holding semiconductor-related stocks or funds should watch for short-term volatility.
