Huo Xing Finance reports that, as of July 16, market data shows the Nikkei 225 Index opened down 801.21 points, or 1.17%, at 67,950.30 on Thursday, July 16. The South Korean KOSPI Index opened down 325.88 points, or 4.47%, at 6,958.53 on the same day. Samsung Electronics fell 5%, and SK Hynix dropped 8%.
South Korea's KOSPI Index opened down 4.47% on July 16.
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Summary
On-chain data shows the South Korean KOSPI index opened 4.47% lower on July 16, dropping 325.88 points to 6,958.53. On-chain analysis reveals strong selling pressure, with Samsung Electronics down 5% and SK Hynix down 8%. Market sentiment remains bearish amid broader regional declines.
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