KOSPI and Nikkei 225 Drop Sharply on October 22

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The Fear and Greed Index fell below 30 as the KOSPI closed down 3.52% at 5,533.76 on October 22, with SK Hynix and Samsung Electronics declining 5.48% and 4.02%, respectively. On-chain data indicated significant selling pressure in tech stocks. The Nikkei 225 also dropped 2.65% to 62,907.84, reflecting broader regional weakness.

On Thursday, October 22, the South Korean KOSPI index closed down 201.9 points, or 3.52%, at 5,533.76. SK Hynix fell 5.48%, and Samsung Electronics dropped 4.02%. The Japanese Nikkei 225 index closed down 1,713.40 points, or 2.65%, at 62,907.84 on the same day. (Kim10)

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