What happened in the Korean stock market today...
KOSPI fell 22.2% from Monday’s high to Wednesday’s low while Korean institutions bought $2.17 billion English disclaimer: I’m Korean and English is not my first language, so I used GPT to help translate and organize this post. Consider it language doping, not data doping. If something is wrong, please challenge the numbers rather than insulting my English. South Korea’s stock market experienced an extraordinary two-session collapse. The KOSPI reached 6,768.02 at 3:19 p.m. on July 27 . By 1:14 p.m. on July 29 , it had fallen to 5,435.81, a decline of 19.68% from that high . The KOSPI index fell unilaterally by 19.68% in two days. The index subsequently reached an intraday low of 5,262.77 , meaning the full peak-to-trough decline from the July 27 high was approximately 22.24% . For July 29 alone, the KOSPI fell as much as 12.63% from the previous closing price . It then rebounded 7.61% from its intraday low and closed at 5,663.24, down 5.98% for the day . ( 연합뉴스 ) Foreign-investor ac
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