Key facts
- KOSPI index closed at a six-month low.
- Chipmakers Samsung Electronics and SK Hynix saw significant drops.
- Sticky US inflation data contributed to the selloff.
South Korea's KOSPI stock index closed at a six-month low on Tuesday, extending its losing streak. The selloff in chipmakers, including Samsung Electronics and SK Hynix, was triggered by sticky US inflation data, which fueled investor concerns and led to market volatility. South Korean financial authorities have pledged a proactive response to ensure market stability.