South Korea halts stock trading as Kospi plunges more than 8%

South Korea halted Kospi trading for 20 minutes after the index plunged more than 8% Tuesday, led by steep losses in major chip stocks.

Shares in memory-chip giants Samsung Electronics and SK Hynix plunges as much as 13.4 per cent and 14 per cent, respectively, amplifying the decline in Seoul

MarketsMajor tech stocks in Japan and Taiwan also fell sharply across the boardStock indexes were down across major Asian markets on July 28, following declines on Wall Street and fears over stiffer Chinese competition. (Photo by Ahn Seong-bok)JADA NAGUMO and AKANE OKUTSUJuly 28, 2026 11:27 JSTUpdated on July 28, 2026

South Korea's Kospi index has plunged over 11% on heavy selling of chipmaking stocks that have been battered recently by sell-offs due to fears the boom in artificial intelligence may be a bubble

Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks  AP News

South Korea’s Kospi index sinks more than 9% on heavy selling of chipmaking stocks  Toronto Star