65
Markets3h 30m ago

South Korea's benchmark Kospi index plunged 6% on Monday, driven by declines in AI-heavyweights and pushing the index into bear market territory.

South Korea

Who
SK Hynix, Samsung Electronics
What
South Korea's benchmark Kospi index plunged 6% on Monday, driven by declines in AI-heavyweights and pushing the index into bear market territory.
When
Mon, 13 Jul 2026 02:59:00 GMT · 3h 30m ago
Where
South Korea ·
Why
Rising tensions in the Gulf and soaring oil prices rattled global markets.
The Frontline Impact

How this affects you

The selloff pushed South Korea's Kospi index into bear market territory, though it remains the world's best-performing major stock market in 2026.

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