237350.KS is trading 7.6% down today following a surprise interest rate hike by the Bank of Korea and a sharp decline in the global semiconductor sector. This dual pressure is hitting the tech-heavy index hard as investors react to rising borrowing costs and cooling demand for electronics.
β€’ The rate hike aims to combat inflation but threatens corporate margins.
β€’ Major chipmakers are seeing significant outflows amid industry-wide volatility.
β€’ Macroeconomic uncertainty is prompting foreign investors to reduce exposure.