The KOSPI fell 25% during the second half of 2026, trailing U.S. and Taiwanese stocks which reached new highs, after having led major global markets in the first half of the year. Samsung Electronics and SK Hynix, which weight over 50% of the index, drove the 31% decline from June's peak amid doubts over the memory-chip boom. Retail involvement also receded, with domestic brokerage deposits falling 40% to approximately 100 trillion won.
