Japan, South Korea Stocks Weaken in Early Trading; Kospi Drops Over 1%, Nikkei 225 Falls Over 1.7%, SoftBank Drops Over 4%
TradingKey·
- Japanese and South Korean stock markets experienced declines in early trading on October 19, with the KOSPI dropping over 1% and the Nikkei 225 falling over 1.7%.
- Major tech and semiconductor stocks in both countries, including Samsung Electronics, SK Hynix, and SoftBank Group, saw notable losses.
- The regional downturn followed a sharp tech sell-off in U.S. markets driven by growing investor concerns over AI infrastructure capital expenditures and financing costs.