Seoul, 23 June 2026 – South Korean stocks fell more than 4% from a recent record high as investors took profit in technology and semiconductor counters, testing the strength of one of Asia’s most powerful equity rallies this year.
The pullback was driven largely by selling pressure in tech-linked names, particularly companies tied to artificial intelligence hardware, memory chips and advanced computing supply chains. After a strong run supported by optimism over AI demand, investors appeared to reassess valuations and reduce exposure to counters that had risen sharply.
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