BLOODBATH IN SOUTH KOREAN MARKETS
South Korea’s KOSPI surged to a fresh all-time high near 8,000 before reversing sharply and crashing 8.4% within the same trading session.
Roughly ₩509 trillion — around $370 BILLION — in market value was erased in just six hours as investors aggressively sold AI-driven tech stocks.
Samsung Electronics, which accounts for nearly 42% of the index weighting, plunged 8.61%.
⚠️ A massive reminder of how quickly euphoric AI-driven rallies can reverse when market sentiment shifts.
May 15, 2026 1.4K 1
