Spain non-seasonally adjusted industrial output rose 2.5% YoY in September, versus 1.6% previously.

Samsung Electronics and SK Hynix fell 12% and 15% respectively in pre-market trading on Korea's Nextrade.

South Korea’s equity market has tumbled from its year-to-date highs, erasing about $1.7 trillion in market value and provoking strong retail investor backlash that tests President Lee Jae-myung’s policy to shift household funds from property into stocks. Lee pledged during the campaign to lift the KOSPI to 5,000. Driven by AI flows the index hit a record 9,114.55 before reversing. On Friday KOSPI plunged as much as 8.8% intraday, breached the 5,000 level and is down more than 40% from its June peak. Retail investors say they heeded government encouragement to abandon home purchases and move into equities and have suffered large losses; Seoul house prices have nonetheless risen for 91 consecutive weeks. One investor said a 40 mln won allocation to a small-cap index fund has lost about 65% of its value. The market setback is intensifying criticism of government policy.