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South Korean Stocks Drop: 70% Fall in July, Sharpest Decline Since 2008
📷 Image: Wikimedia Commons / hyolee2
Business

South Korean Stocks Drop: 70% Fall in July, Sharpest Decline Since 2008

✍️ lokmattimes.com 🗓 02 Aug 2026, 03:18 PM 👁 33
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South Korea’s main stock index saw a steep decline in July, with 7 out of 10 listed companies posting losses, marking the steepest market downturn since 2008.

South Korea’s primary equity market recorded a sharp downturn in July, with the KOSPI index falling significantly. According to data released by the Korea Exchange, 70 percent of listed companies reported lower closing prices, the highest proportion of falling stocks since the 2008 financial crisis. The decline came amid heightened global market volatility and concerns over trade tensions between major economies. Analysts noted that the slide could affect investor confidence and may lead to tighter risk management by portfolio managers. Market participants are closely monitoring the situation as the country prepares for upcoming corporate earnings reports.
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