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2025-11-18 08:38:45
[South Korea's KOSPI Index Falls 1.2%, Supply Chain Stocks Under Pressure Ahead of Nvidia Earnings Report] 1. South Korea's KOSPI index continued its decline on Tuesday, with intraday losses widening to 1.2%, mainly dragged down by declines in stocks related to Nvidia's supply chain. Market sentiment turned cautious ahead of the earnings report from US chipmaker Nvidia, with shares of its major South Korean suppliers generally falling. 2. SK Hynix, LG Energy, SK Square, and Hanmi Semiconductor were the main drags on the index, with technology and financial stocks being the primary drivers of the decline. Meanwhile, the KOSDAQ index saw an even more significant drop, reaching 1.5% at one point. 3. Notably, Pinkfong, which listed on the KOSDAQ today, performed strongly, with its share price surging as much as 62% at the open, indicating continued market enthusiasm for new listings. Investors are closely watching the upcoming Nvidia earnings report, which will directly impact the short-term performance of global technology stocks.
