KOSPI Plunges Below 6000 Points, Down Over 30% From June Peak

South Korea's benchmark index drops 11% in a single session to breach 6000, marking a 30% decline from June highs amid heavy losses in tech giants.

Woofun AI reports that the South Korean KOSPI index widened its losses during the final trading session on July 28, plunging 11% to fall below 6,000 points for the first time since April 14. The decline represents a drop of over 30% from its peak in June, with SK Hynix falling more than 14% and Samsung Electronics dropping over 13%.