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The Economic Times
The Economic Times
Business
Debaroti Adhikary

South Korea's Kospi crashes 5% again, plunges 31% in one month. Is the AI frenzy over?

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.

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