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KOSPI Slumps to May Levels as 21 of 24 Industry Sectors Plunge on July 15

2026-07-15 02:31:53

According to Korea Exchange, KOSPI closed at 6856.83 on July 15, reverting to levels not seen since May 4, as non-semiconductor sectors suffered steep declines. Of 24 industry sectors tracked, 21 posted losses over the two-month period, with machinery and equipment down 42.34%, metals down 38.28%, and construction down 37.18%. While the benchmark index showed minimal change at -1.16% since May 4, investors' actual returns were significantly negative due to concentrated gains in semiconductor stocks masking broad-based weakness across the market.

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