[Featured Stocks] Samsung Electronics and SK Hynix Plunge Over 4% During Trading

[Asia Economy Reporter Minji Lee] Samsung Electronics and SK Hynix are experiencing a sharp decline of around 4% during trading hours.

At 9:11 AM on the 12th, Samsung Electronics was trading at 52,000 KRW on the KOSPI market, down 4.24% from the previous session. SK Hynix was also trading at 84,600 KRW, down 4.41% from the previous session.

At the same time, the KOSPI index was at 2,096.01, down 3.71% from the previous session. Currently, the KOSPI continues to decline, influenced by the major U.S. New York stock markets' sharp drop of over 7% the previous day due to concerns over the resurgence of the novel coronavirus infection (COVID-19).