According to BeInCrypto, South Korea’s KOSPI fell 4.77% from Thursday’s close to 5,654.61 by 10:40 a.m. Seoul time on Friday. The Nikkei 225 in Japan declined 2.81% over the same period. As a result, KOSPI experienced a drop roughly 1.7 times greater than the Nikkei’s decline. The movement followed Alphabet’s shares falling 12.64% after the Google parent company increased its capital spending more than doubled. Samsung Electronics was also mentioned in connection with the market reaction.
