Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concerns

South Korean shares fell 1.31% on Monday as Samsung Electronics dropped 6.31% over payout concerns. Investors felt the company’s shareholder return plans fell short of expectations. While Samsung struggled, gains in SK Hynix and LG Energy Solution offered some support. Foreign investors remained net sellers, offloading shares worth 1.3 trillion won.