KOSDAQ, 700recovered just one day after a steep plunge in the 800range
KOSDAQ 7 month 8 during intraday trading 800fell below the 7 month 9returned to the 800 mark in just one day. The previous day, KOSPI saw a late-session plunge in the 5 range, while concerns over an armed conflict between the United States and Iran, profit-taking in large-cap stocks, and a concentration in semiconductors heightened volatility.
KOSDAQ 7 month 8 fell below the 800 mark during intraday trading, 10recording its lowest level in 7 month 9before climbing back to the 800 mark just one day later. Investors' attention focused on the fact that it had swung sharply over a short period.
7 month 8 KOSPI saw a late-session plunge in the 5 range. On the same day, KOSDAQ fell sharply enough to be called a '700 shock.'
Market officials said that concerns over an armed conflict between the United States and Iran dampened investor sentiment. As a result, profit-taking selling centered on large-cap stocks flooded the market.
It was observed that the concentration in semiconductors by industry amplified the shock. Reports said that the AI peak theory—the claim that the market had reached a peak in AI-related stock prices—fueled selling in semiconductors.
Reports said that buying flowed into the semiconductor and semiconductor materials, parts, and equipment industries on the next trading day, leading a rebound in KOSDAQ. The recovery was rapid.
This volatility was recorded as a case in which external geopolitical risks and industry concentration acted simultaneously over a short period. Investors experienced position changes during a period of sharp rises and falls.