News South Korea Stock market: South Korean shares drop 20% from peak as chipmaker stock volatility sharpens
By Jihoon Lee and Yena Park SEOUL, July 8 (Reuters) - South Korean shares fell sharply, extending losses into a third straight session on Wednesday, hit by volatility in chipmaker stocks over AI worries and growing concerns about risky investment products. The benchmark KOSPI was down 395.76 points, or 5.17%, at 7,260.55 as of 0519 GMT. That means it has dropped more than 20% from a record close
News South Korea Stock market: Kospi enters bear market! What South Korea’s finance minister said after 20% crash
South Korea’s Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconductor giants Samsung Electronics and SK Hynix. Finance Minister Koo Yun-cheol warned that heavy concentration in chip stocks is increasing market volatility. Despite the correction, Kospi remains the world’s top-performing major index in 2026.
News South Korea Stock market: LG Energy Doubles in Debut After Korea’s Biggest IPO on Record
South Korea’s LG Energy Solution soared in its first day of trading in Seoul, following the country’s biggest initial public offering on record.Most Read from BloombergPowell Backs March Liftoff, ...
News South Korea Stock market: EMERGING MARKETS-S.Korea leads Asian stock markets lower as Fed flags rate hikes
South Korea's share market fell to its lowest level in nearly 14-months on Thursday, leading Asia's emerging markets lower after the U.S. Federal Reserve signalled it is ready to kick off a round of ...
News South Korea Stock market: EV battery maker LG Energy Solution becomes South Korea’s second most valuable firm in IPO debut
South Korea’s electric vehicle battery maker LG Energy Solution made a successful market debut on Thursday. The market capitalization of LG Energy stood at $98.3 billion (118 trillion KRW) at the ...
