Samsung Electronics and SK Hynix have lost a combined 2,261 trillion won in market value since June 22, as the KOSPI fell from its record closing high of 9,114.55 points and briefly dropped below 5,000. According to Odaily, Korea Exchange data showed that as of 10:04 a.m. on November 6, Samsung Electronics’ common shares had a market value of about 1,071 trillion won and SK Hynix’s about 815 trillion won. Since June 22, their market values declined by 996 trillion won and 1,265 trillion won, respectively, or 48.18% and 60.81%. Their combined market value fell from 4,147 trillion won to 1,886 trillion won, a decrease of about 54.52%, while their share of total KOSPI market capitalization dropped from 55.7% to 46.5%.
