KOSDAQ Falls to Pre-Inauguration Level at 753.34 as Semiconductor Stocks Drain Capital on July 21

South Korea's KOSDAQ index fell to levels last seen before President Lee Jae-myung's inauguration on July 21, closing at 753.34 points, up 3.70 points (0.49%) from the previous trading day. Large-cap semiconductor stocks are draining capital from the broader market, exacerbating KOSDAQ's decline. Meanwhile, the KOSPI index triggered its 19th buy-side circuit breaker of the year, signaling continued market weakness.
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