South Korea's KOSPI index is expected to see a technical rebound on Friday after plunging more than 820 points, or 9.9 percent, over two sessions to close at 7,648.09. On Thursday alone, the index plummeted 655.32 points, or 7.89 percent, driven by brutal losses in technology stocks, with Samsung Electronics down 9.06 percent and SK Hynix cratering 14.57 percent, while financials surged, including Shinhan Financial up 6.02 percent. The global forecast is murky, with weakness in technology shares likely capping upside, as U.S. markets closed mixed after jobless data showed weaker-than-expected employment growth, easing immediate rate hike fears. Crude oil prices inched higher to $68.63 per barrel amid contradictory remarks over the Strait of Hormuz.
SK Hynix Inc
Samsung Electronics Co Ltd
Shinhan Financial Group