South Korea's KOSPI Index Falls 9.99%, Japan's Nikkei 225 Drops 3.55% on Tech Selloff

JPN225-4.49%

According to BlockBeats citing Bitget data, on June 23, South Korea's KOSPI index fell 910.49 points (9.99%) to 8,204.06 points, while Japan's Nikkei 225 dropped 2,565.58 points (3.55%) to 69,788.38 points, as a technology stock selloff accelerated across markets.

Memory chip stocks bore the brunt of the decline, with South Korean firms SK Hynix and Samsung Electronics each falling over 12%, while Japanese chipmaker Kioxia plunged over 14.8%.

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