Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- South Korean stocks dropped as the chip rout deepened, briefly falling below a key milestone in the latest bearish turn for a market closely tied to the global AI boom. Selling pressure was so intense that Samsung Electronics and SK Hynix were placed on a two-minute cooling period at the open, with no real-time trading.
- Li Ning shares gain as much as 7.3% in HK to the highest level since June after announcing plans for a special dividend payment.
- Adani Ports’ €2.56 billion ($2.9 billion) acquisition of European liquid-storage operator Evos offers scope for value-accretive growth, according to Jefferies.