South Korea's Stock Market Hits 4-Month Low on Tech Sell-Off

South Korea's leading stock index, the Kospi, fell to its lowest level in four months due to profit-taking in technology stocks and SK Hynix's weaker-than-expected profit growth. The index dropped 8.2% in the morning session, triggering a 20-minute trading halt due to excessive volatility. The decline in the tech-heavy index accelerated as investors exited high valuations. SK Hynix's profit increase failed to meet market expectations, intensifying selling pressure. This triggered a broader correction in the South Korean stock market. Market experts noted that the sharp drop in the Kospi reflects a global sell-off in technology stocks. Additionally, uncertainties in the semiconductor sector and macroeconomic concerns are weighing on the index. Investors will closely monitor whether the index tests support levels in the coming days and track the performance of technology stocks for potential recovery signals. This is not investment advice.