South Korea’s benchmark KOSPI index plunged more than 3.5% from its intraday high on Monday, driven by an 11th consecutive day of aggressive foreign selling ahead of Samsung Electronics’ highly anticipated AI-driven second-quarter earnings report.
Foreign Flight Triggers Technical Breakdown
This sharp pullback was driven by overseas institutions dumping ₩2.2 trillion, or $1.436 billion worth of Korean equities in a single day.
Marking their 11th consecutive session of net selling, foreign investors have now offloaded roughly ₩157 trillion ($116 billion) since the year began, aggressively shifting the market into a distribution stage.
Leverage Risks and Ant Investors
