The benchmark KOSPI fell 5.35% to close at 7,247 on Wednesday, hitting its lowest level in over a month as a broad sell-off in semiconductor stocks followed overnight losses on Wall Street. Chipmakers came under pressure after investors questioned the sustainability of the AI-driven spending boom despite Samsung Electronics' strong quarterly earnings, dragging global semiconductor shares lower. Investors also remained cautious as escalating tensions in the Middle East boosted oil prices and dampened global risk appetite following fresh US strikes on Iran and attacks near the Strait of Hormuz. Losses were led by Samsung Electronics (-5.91%), SK Hynix (-5.00%), SK Square (-6.27%), HD Hyundai Heavy Industries (-7.07%), Hanwha Aerospace (-8.20%) and Doosan Enerbility (-9.44%). Meanwhile, South Korean authorities said they would closely monitor risks to market stability as heightened volatility in heavyweight chip stocks and single-stock leveraged ETFs continued to fuel sharp market swings.
South Korea's main stock market index, the KOSPI, fell to 7247 points on July 8, 2026, losing 5.35% from the previous session. Over the past month, the index has declined 10.50%, though it remains 131.25% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from South Korea. Historically, the South Korea Stock Market reached an all time high of 9385.59 in June of 2026. South Korea Stock Market - data, forecasts, historical chart - was last updated on July 8 of 2026.
South Korea's main stock market index, the KOSPI, fell to 7247 points on July 8, 2026, losing 5.35% from the previous session. Over the past month, the index has declined 10.50%, though it remains 131.25% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from South Korea. The South Korea Stock Market is expected to trade at 7521.29 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6006.40 in 12 months time.