KOSPI 200 Stocks Fall 30% From Year-to-Date High, Down 25% as of July 12

According to the Korean Exchange, as of July 12, nine out of ten KOSPI 200 constituent stocks have declined more than 30% from their year-to-date highs, indicating that South Korea's domestic market correction has reached a severity level exceeding previous major downturns.

If U.S. consumer price index (CPI) data comes in line with market expectations or falls below, semiconductor, defense, power equipment, and shipbuilding sectors are expected to lead a potential market rebound.