Asian tech stocks rebound after global selloff; South Korea's Kospi jumps 3%
4h ago· 2 min readenNews
Summary
Asian tech stocks rebounded on Wednesday after a severe selloff, with South Korea's Kospi jumping over 3% following a ~10% plunge. Key index heavyweights SK Hynix and Samsung Electronics recovered partially after being among the biggest drags during Tuesday's tech-led rout that also hit European markets (Stoxx 600 down ~1%). The article provides a brief market snapshot of the volatility.
Source
bskyAsian tech stocks rebound after global selloff; South Korea's Kospi jumps 3%obd2reader.storeKey quotes
· 4 pulledAsia's technology stocks bounced back on Wednesday after a bruising session that sent global equities lower.
South Korea's Kospi jumped more than 3% after plunging roughly 10% on Tuesday.
The two stocks were among the biggest drags on the Kospi during Tuesday's selloff, as a tech-led rout rattled global markets.
In Europe, the Pan-European Stoxx 600 declined around 1% as investors continued to shed risk.
Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026. Michael Nagle | Bloomberg | Getty …
You might also wanna read
Comments
Sign in to join the conversation.
No comments yet. Be the first.