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Monday, 3 August 2026

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PREMIUMKorean Stocks Retreat as Chipmakers Reverse Record Rebound

By Bernard Lee3 min read

Seoul, 3 August 2026 – South Korean equities retreated on Monday as semiconductor heavyweights Samsung Electronics and SK Hynix surrendered part of their record-breaking gains from the previous session, underscoring the volatility surrounding Asia’s artificial intelligence investment theme.

The reversal followed an extraordinary Friday rally in which the Kospi advanced nearly 18%, supported by a 27% surge in Samsung Electronics and a 30% jump in SK Hynix. The latter marked its largest single-session gain since its market debut in the 1990s.

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Author

  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.