
Apple memory chip warning causes fresh Asia tech sell-off
The Korea Exchange suspended trading on the Kospi market for 20 minutes from 12:10 p.m. after the benchmark index remained more than 8 percent below the…
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Summary
South Korea’s blue-chip Kospi suffered the biggest losses, forcing the stock exchange to trigger a 20 minute trading halt for the third time this week. Kospi triggers circuit breaker after plunging more than 8%. Markets across Asia fell sharply during Friday trading after US tech giant Apple blamed memory chip shortages on its decision to hike product prices.
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South Korea’s blue-chip Kospi suffered the biggest losses, forcing the stock exchange to trigger a 20 minute trading halt for the third time this week.
according to City A.M.Kospi triggers circuit breaker after plunging more than 8%.
according to The Korea HeraldMarkets across Asia fell sharply during Friday trading after US tech giant Apple blamed memory chip shortages on its decision to hike product prices.
according to City A.M.South Korean stocks triggered a marketwide circuit breaker on Friday after the Kospi plunged more than 8 percent in intraday trading, capping a volatile week marked by sharp swings in chip-heavy shares.
according to The Korea Herald
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