KOSPI slides over 3.5% as foreign selling extends to an 11th session ahead of Samsung’s AI-driven Q2 earnings
Korea's KOSPI slid sharply amid an 11th straight session of foreign net selling, signaling de-risking and potential technical deterioration. Heavy outflows alongside elevated retail leverage raise the risk of forced deleveraging via margin calls. Focus is now on Samsung's AI-linked Q2 earnings; any disappointment versus AI expectations could transmit volatility to correlated, tech-heavy markets across Japan and Taiwan.
AI Insight · NCSIKOSPI2USD/USDTAI Insight
▼ Bearish
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South Korea’s KOSPI fell more than 3.5% in a single session as foreign investors logged a record 11th straight day of net selling, bringing cumulative sales to $116 billion. Markets are closely watching Samsung Electronics’ upcoming AI-driven Q2 results. If earnings fail to match AI hype expectations, it could spark sharp volatility in related tech-heavy markets such as Japan and Taiwan.