Kospi Falls Below 7,500 After Topping 8,000 as 7,000 Support Draws Focus

South Korea’s stock market showed extreme volatility on the 15th. The Kospi appeared to make history by breaking above the 8,000 level intraday for the first time, but heavy selling then hit the market and pushed the index sharply below 7,500. According to the original report, the burden from a short-term surge combined with strike-related anxiety weighed on investor sentiment. Market attention is now turning to 7,000 as the first support level after the steep drop. Although the index left a symbolic milestone by crossing 8,000, the rapid reversal means the key issue ahead is whether volatility can be managed and selling pressure can ease. Source: mk.co.kr