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KOSPI Plunges Below 5,200 as Circuit Breakers Triggered Two Consecutive Days

2026-07-29 09:02:49

South Korea's stock market experienced unprecedented turmoil over two consecutive days on July 29, with circuit breakers activated in both KOSPI and KOSDAQ markets. The KOSPI index plummeted to 5,200 during intraday trading, retreating from the 6,000 level. The decline was compounded by semiconductor heavyweight SK Hynix, which recorded all-time high earnings but fell short of market expectations, dampening investor sentiment.

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