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By Youkyung Lee and Hooyeon Kim
June 4, 2026 at 6:30 PM EDT
Updated on June 5, 2026 at 3:47 AM EDT
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After drawing much awe with the pace of its rise this year, South Korea’s $4.7 trillion stock market is starting to flash signs of strain.
The Kospi finished 5.5% lower on Friday as Samsung Electronics Co. and SK Hynix Inc. sank at least 6% each. Foreigners sold another 3.5 trillion won ($2.3 billion) worth of the benchmark’s shares, taking this week’s exit to more than $10 billion. The won weakened to its lowest since March 2009.
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