---
title: "The South Korean stock market fell throughout the day, losing the 7,000-point mark, closing down 6.37%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292865310.md"
description: "The Korea Composite Stock Price Index (KOSPI) fell sharply, closing at 6,820 points, a decline of 6.37%. The index fell below the 7,000-point mark throughout the day, hitting a low of 6,730 points during trading. The two major weighted stocks performed poorly, with Samsung Electronics dropping nearly 9%, and SK Hynix being affected by leveraged ETFs and other factors, falling over 11%"
datetime: "2026-07-16T06:51:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292865310.md)
  - [en](https://longbridge.com/en/news/292865310.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292865310.md)
generator: "portal-rs"
---

# The South Korean stock market fell throughout the day, losing the 7,000-point mark, closing down 6.37%

The South Korean stock market significantly retraced, with the Seoul Composite Index falling below the 7,000-point mark as soon as the market opened, closing at 6,820 points, down 463 points or 6.37%.

AP Images

The index remained below 7,000 points throughout the day, peaking at only 6,995 points, still down 288 points or 3.96%; the lowest was 6,730 points, a drop of 553 points or 7.6%.

Both major heavyweight stocks underperformed the market, with Samsung Electronics falling nearly 9%; as for SK Hynix, despite market rumors that local regulators are preparing to introduce ETF-related measures, which may help alleviate the recent impact of leveraged ETFs on the underlying stock's volatility, SK Hynix ultimately still fell over 11% at the close

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**