[Breaking] KOSPI plunges below 7,000 points intraday... Semiconductor stocks plummet

South Korea's stock market faced a sharp decline on July 13, 2026, as the benchmark KOSPI index plummeted and breached the 7,000-point level during intraday trading. This significant drop signals investor concern and a broad sell-off across the market.

The semiconductor sector, a cornerstone of the South Korean economy, was among the hardest-hit, experiencing steep declines. This weakness in chip stocks often has a cascading effect on the broader market due to their significant weight in the index and their role as bellwethers for global technology trends.

The report includes a visual detail of the market's status, noting the KOSPI and KOSDAQ indices, along with the won-dollar exchange rate, displayed on a large screen at a Hana Bank dealing room in Jung-gu, Seoul. This provides a concrete image of the financial environment during this period of market volatility.