The KOSPI plunged 5.72% to 6,690.62 as oil prices, bond yields, foreign selling, and semiconductor fears hit the market at once. NXT trading later recovered 0.83% from the KRX close, but three major signals will determine whether Monday brings a rebound or another selloff.
The KOSPI surged above 7,000 and reached 7,166 on July 22, 2026, before closing at 6,797.70. This report examines why the rally faded despite ₩2.63 trillion in foreign net buying and what investors should watch next.
“`html KOSPI Holds 6,500 by a Thread: Why the Intraday Rebound Failed South Korea’s KOSPI briefly approached its previous close on July 20, only to surrender the entire rebound and finish near the bottom of its daily range. The benchmark closed at 6,516.27, down 304.33 points or 4.46%. It opened at 6,643.58, rebounded to 6,814.86 … Read more