Korea’s Kospi crashes 6%, nosediving 25% from June peak. What’s rattling investors today?
- Posted on July 13, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
South Korea's Kospi index experienced a sharp 6% decline on Monday, driven by geopolitical tensions in the Middle East and elevated crude oil prices affecting global equity markets. Technology giants SK Hynix and Samsung Electronics led the downturn, pushing the benchmark further into bear market territory. Despite this significant pullback from its June peak, the Kospi maintains its position as one of 2026's strongest-performing major indices globally.
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Korea’s Kospi crashes 6%, nosediving 25% from June peak. What’s rattling investors today?
South Korea's benchmark Kospi index plunged 6% on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index deeper into bear market territory, although it remains the world's best-performing major stock market in 2026.
