Kospi drops 5.46% as SK hynix falls 10% on chip fears

South Korea's Kospi closed at 6,035.35 on October 13, 2026, down 5.46% after dipping below 6,000 intraday. SK hynix fell 10.09% and Samsung Electronics 7.39% as foreign investors sold memory chip makers amid AI demand doubts and Chinese competition.

• Kospi closed at 6,035.35, down 5.46% for the day
• SK hynix fell 10.09%, Samsung Electronics 7.39%
• Foreign net selling reached 4.51 trillion won, about $3.36 billion
• Kospi forward P/E hit a record-low 4.54