---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43030564.md"
description: "$SK Telecom(SKM.US) dropped by more than ten points, $Franklin FTSE South Korea(FLKR.US) fell by five or six points.A defensive telecom stock dropping this much usually isn't a sector issue, but rather a company-specific problem; however, the index product weakening in sync indicates that Korean assets as a whole are being reduced. The trading volume of $SK Telecom(SKM.US) reached 1.7 times the average volume, confirming that the selling pressure is genuine.Korea has recently been under valuation pressure from the semiconductor sector. Even high-dividend telecom stocks are being sold off, indicating that the reduction targets country-level exposure rather than industry-level exposure 😧 Those using Korean assets for diversification didn't get the benefits of diversification this time."
datetime: "2026-07-29T09:10:30.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43030564.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43030564.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43030564.md)
author: "[阿九本人](https://longbridge.com/en/profiles/28169605.md)"
---

# $SK Telecom(SKM.US) dropped by more than ten point…


### Related Stocks

- [SKM.US](https://longbridge.com/en/quote/SKM.US.md)
- [FLKR.US](https://longbridge.com/en/quote/FLKR.US.md)