South Korean KOSPI Falls 38% After Record High

The KOSPI is a big list of South Korean companies that people trade on the stock market.

On June 22, 2026, it reached a record high of 9,385.59 points.

But later that day, many investors sold their shares, and the index dropped to 5,593.56 points, a loss of about 38.5%.

Experts say the fall is because of worries about the AI market, the war between the US and Iran, and competition from China in making computer chips.

Because of all this uncertainty, investors are cautious about buying more shares.