South Korea's KOSPI index under pressure, drops Nvidia suppliers' stock prices on the eve of financial report release.

The decline in the South Korean Composite Stock Price Index widened to 1.2% at one point, with stocks related to Nvidia's supply chain leading the decline. Ahead of the release of the financial report of the American chip manufacturer Nvidia, the company's stock fell during the previous trading session, putting pressure on its South Korean supply chain companies. SK Hynix, LG New Energy, SK Square, and Korean-American Semiconductor were the main stocks dragging down the index. Technology and financial sector classification indexes were the biggest drivers of the KOSPI index's decline. The small-cap market index - the South Korean KOSDAQ index - fell by 1.5% at one point. Pinkfong Co., which was listed on the KOSDAQ market on Tuesday, saw its opening stock price surge by as much as 62%.