South Korea's KOSPI Falls 1.64% to 7,919 on July 7 Despite Samsung's Earnings Beat

On July 7, South Korea's KOSPI index fell 1.64% to open at 7,919.20, retreating below the 7,900 level, according to the Korea Exchange. Despite Samsung Electronics reporting a second-quarter earnings surprise overnight, domestic markets faced selling pressure from foreign investors and profit-taking following recent gains. U.S. tech and semiconductor stocks rebounded overnight, but the local market continued its weakness.
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