Market panic hits South Korea
Edited By WION Video Desk
Published: Jul 31, 2026, 10:57 IST | Updated: Jul 31, 2026, 10:57 IST
South Korea's stock market has witnessed one of its sharpest reversals in recent history. After surging more than 130 percent between late 2025 and June 2026 on optimism around artificial intelligence,
the benchmark KOSPI index has now fallen over 40 percent from its peak in just about a month. The selloff has wiped out nearly 2 trillion dollars in market value, erasing massive investor wealth.
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