Archive · 24 Jul 2026
Seoul stocks plummet amid Mideast tensions
Seoul's stock market had a really bad day, dropping nearly 6%.
This happened because people are worried about fights happening in the Middle East and some big companies making computer chips might not do as well as before.
Big companies like Samsung and Hyundai saw their stock prices drop a lot.
But some companies that make medicines did better.
The money people use to trade also changed a bit.
Everyone is waiting to see what happens next.
Seoul stocks plummeted nearly 6% due to escalating Mideast tensions.
The KOSPI index fell 406.27 points to 6,690.62.
Program trading was suspended for five minutes due to sharp decline.
Foreign and institutional investors sold off 5.2 trillion won, while retail investors bought 5.18 trillion won.
Major companies like Samsung Electronics and SK hynix saw significant drops, while bio firms like Samsung Biologics rose.
- Who
- Investors, market analysts, and major companies in South Korea
- What
- Seoul stocks plummeted nearly 6% due to escalating Mideast tensions and market volatility
- When
- Friday
- Where
- Seoul, South Korea
- Why
- Escalating tensions in the Middle East and concerns about the semiconductor sector's peak
Market Optimists
Market Pessimists
Market Outlook
Market Optimists
Believe the market will recover as tensions ease and new opportunities arise.
Market Pessimists
Expect continued volatility and potential further declines due to geopolitical risks and economic uncertainties.
- KOSPI Index
- 6,690.62
- Percentage Decline
- 5.72%
- Trade Volume
- 395.1 million shares
- Market Value
- 30.9 trillion won (US$21.1 billion)
- Foreign and Institutional Net Sales
- 5.2 trillion won
- Retail Investor Purchases
- 5.18 trillion won
- Korean Won vs. USD
- 1,466.6 won
- 3-Year Treasury Yield
- 3.959%
- 5-Year Bond Yield
- 4.214%