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The 빚투 Reckoning: What Is Driving Korea’s Market Downturn

Recent Blog Posts - Mon, 2026-07-20 14:13

South Korea's stock market has moved from a record rally into unusually large daily swings. After the KOSPI reached a record close of 9,114.55 on June 22, it fell more than 20 percent by July 8, the commonly used threshold for a bear market. At the time of publication on July 20, the KOSPI was near 6,620, approximately 27.4 percent below its June 22 close.

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