South Korea's Kospi, the world's best-performing market of 2026, crashed another 5% on Tuesday to extend sharp losses that pushed it down over 31% from its June peak following a skyrocketing rally.
Kospi dropped to 6,448.86 on Tuesday morning, marking a more than 31% crash from its June peak of 9,386. The benchmark index has now crashed nearly 14% in just two days, and is currently in bear market territory.