South Korea Stock Market Crash as KOSPI Slides, Samsung and SK Hynix Sink

Published by

Qadir AK

August 3, 2026

Korean Stock Market Crash KOSPI Plunges 7% Amid U.S.–Israel Iran War

The South Korea stock market crash intensified as the KOSPI fell as much as 5.5%, extending one of the fastest declines in modern Asian market history. The index has dropped about 38% from its June peak in just 27 trading days, despite a brief rebound last week. Samsung Electronics and SK Hynix both declined around 9%, while foreign investors sold approximately $698 million worth of Korean equities after record buying on Friday. Concerns over China’s rapid advances in AI and semiconductor technology continue to weigh on sentiment toward South Korea’s chipmakers and broader equity market.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.