South Korea's KOSPI Falls 5.72%, KOSDAQ Drops 5.32 on July 24 as Circuit Breakers Trigger for Fifth Consecutive Day

South Korea's stock market experienced significant volatility on July 24, with the KOSPI index falling 5.72% to close at 6,690.62 and the KOSDAQ declining 5.32% to 748.22. The sharp selloff was driven by weakening investor sentiment in domestic semiconductor stocks, including Samsung Electronics. This marks the fifth consecutive day that circuit breakers were triggered in the market this week, underscoring the extreme price swings affecting the exchange.
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