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Bloomberg

Korean Stocks Extend Drop From Peak to 20% as AI Jitters Spread

Wednesday, July 8, 2026


South Korea's KOSPI index fell further, approaching the 20% threshold from its recent peak that defines a technical bear market. Investors reduced positions amid reassessment of artificial intelligence demand projections. The decline extended a broader pullback in Korean equities.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-08/korean-stocks-extend-drop-from-peak-to-20-as-ai-jitters-spread

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