{"id":434844,"date":"2026-07-28T09:55:25","date_gmt":"2026-07-28T02:55:25","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/kospi-extends-decline-to-10-434844\/"},"modified":"2026-07-28T09:55:25","modified_gmt":"2026-07-28T02:55:25","slug":"kospi-extends-decline-to-10","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/kospi-extends-decline-to-10-434844\/","title":{"rendered":"Kospi extends decline to 10%"},"content":{"rendered":"<div>\n<p>I <a href=\"https:\/\/investinglive.com\/stocks\/south-korea-s-kospi-falls-5-what-s-next\/\" rel=\"follow\">wrote about <\/a>how ugly the Kospi chart was earlier but it&#8217;s certainly unfolding faster than anticipated. It broke the support of the July lows and the February interim high at the open today and it&#8217;s been straight down since. It&#8217;s extended the decline to 10% now.<\/p>\n<p>A double-digit decline is the kind of thing that gets global attention and shifts the pain to the US market. It&#8217;s definitely the kind of headline that hedge fund managers (and punters) in the US read about and take down risk.<\/p>\n<p>Some notable movers:<\/p>\n<ul>\n<li>Samsung -10.5%<\/li>\n<li>SK Hynix -12.6%<\/li>\n<li>Hyundia -8.2%<\/li>\n<li>LG -5.1%<\/li>\n<\/ul>\n<p>This is some &#8216;black Tuesday&#8217; level selling and it&#8217;s not pretty elsewhere in Asia:<\/p>\n<ul>\n<li>Nikkei 225 -4.4%<\/li>\n<li>CSI 300 -2.5%<\/li>\n<\/ul>\n<p>I&#8217;m surprised S&amp;P 500 futures are only down 0.2%.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>I wrote about how ugly the Kospi chart was earlier but it&#8217;s certainly unfolding faster than anticipated. It broke the support of the July lows and the February interim high at the&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-434844","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=434844"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434844\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=434844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=434844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=434844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}