Seoul, 24 July 2026 – South Korean equities declined as heavyweight semiconductor stocks came under renewed selling pressure, while escalating geopolitical tensions in the Middle East and growing investor attention on China’s expanding semiconductor industry dampened market sentiment.
The benchmark KOSPI retreated as investors reduced exposure to technology shares, with memory-chip leaders Samsung Electronics and SK Hynix among the biggest drags on the index. The sell-off followed another weak session for global semiconductor stocks as markets questioned whether the massive wave of artificial intelligence-related investment would continue supporting elevated valuations.
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