KOSPI crashes 3.99% as global bond yield tantrum and WTI surging to $90 overwhelm Samsung buybacks
KOSPI plunged 3.99% below 6,600 as global bond yield tantrum pushed US 10-year yields to 4.80% and WTI crude surged 5.2% to $90.22/barrel on US-Iran tensions, overwhelming Samsung and SK Hynix buybacks.
Key points
- KOSPI crashed 3.99% below 6,600 as global bond tantrum pushed US 10Y yields to 4.80%
- WTI crude surged 5.2% to $90.22/barrel on US-Iran tensions, adding dual macro shock
- Samsung and SK Hynix buybacks failed to stop the decline as foreign selling overwhelmed domestic support
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