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KOSPI Plummets 6.4% to Close in 6,800 Range, Falling Below 7,000 Again

Lee Seong-hoon

Published : Jul 16, 2026 4:26 PM


▲ The KOSPI and other indices are displayed at the dealing room of Hana Bank in Jung-gu, Seoul, on July 16.

The KOSPI plunged by more than 6% today (July 16), closing below the 7,000-point mark once again.

The KOSPI ended the trading session at 6,820.60, down 463.81 points (6.37%).

The index opened at 6,960.50, down 323.91 points (4.45%) from the previous trading day, losing the 7,000-point level just one day after reclaiming it.

The index later expanded its losses, falling as low as 6,730.87 at one point.

The KOSDAQ index also closed at 791.84, down 37.59 points (4.53%) from the previous session.

Amid the sharp decline, sidecars were triggered consecutively in both the KOSPI and KOSDAQ markets.

(Photo: Yonhap News)