Bullish
South Korea KOSPI Plunges 5.99% While Japan Nikkei 225 Drops 1.49%
2026-07-29 14:32:59
KOSPI fell 5.99% to 5663.08, triggering circuit breakers after hitting -12%. Nikkei 225 declined 1.49% to 61434.19. SK Hynix saw record intraday drop.
Woofun AI reports that the South Korean KOSPI Index closed at 5663.08 on July 29, declining 360.58 points or 5.99%. The index briefly fell more than 12% during trading, activating circuit breakers for the second consecutive day.
Meanwhile, Japan’s Nikkei 225 Index ended at 61434.19, down 930.73 points or 1.49%.
WOOFUN AI
Impact Assessment · Quick Read
The sharp decline in KOSPI, driven by semiconductor heavyweights like SK Hynix and Samsung Electronics, signals heightened volatility in Asian tech markets. Circuit breaker activations indicate severe short-term sell pressure, which may spill over into global equity sentiment. Investors should monitor earnings-driven corrections in the chip sector closely.
Generated by WOOFUN AI · For reference only, not investment advice
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