The Korean stock market closed down 6.12%, marking the largest single-day drop since March 23.
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Golden Finance May 15｜The Korea Composite Index initially surged past 8,000 points to a historic high, but then plunged, dropping as much as 7.6% and losing the 7,400-point mark, eventually closing down 6.12% at 7,493.18 points—the biggest single-day decline since March 23. There was a clear outflow of funds from the technology sector, with SK Hynix down 7.66% and Samsung Electronics down 8.61%.
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