South Korea's Kospi, the world's best performing market of 2026, entered bear market territory on Wednesday, plunging 20% from its peak of 9,386 as tech rout after a massive rally continued to keep investors on edge.
On Wednesday, the country’s benchmark index Kospi plunging another 4% or 310 points to 7,347, to extend losses for the third consecutive session. This came as heavyweight Samsung Electronics saw its share price fall nearly 4%, while peer SK Hynix gained 1%. Battery maker LG Energy Solution slid 4%.
