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South Korea Stock Market Crash Wipes Out ₩2.5 Quadrillion in 40 Days
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
South Korea’s KOSPI Index extended its sharp decline, falling more than 10% in the latest session and triggering its ninth circuit breaker of 2026. The benchmark has now dropped 41% in just 40 days, compared with a 57% decline during the 2008 financial crisis over roughly a year. Around ₩2.5 quadrillion has been wiped from the index since its peak, including ₩760 trillion in the latest selloff, pushing the KOSPI from the world’s sixth-largest stock market to 11th place by market value.
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