Samsung and SK Hynix make up nearly half the index.
Retail traders called ants flip fast and use heavy margin debt.
Leveraged ETFs on those two stocks double the losses.
Korean won at 17 year low adds pressure on imports.
National pension fund forced to sell on rallies due to allocation limits.
Korea missed MSCI developed market upgrade so foreign money stays away.
Japan Nikkei down around 5 percent.
Taiwan and China also red with big point losses.
🚨 SOMETHING VERY UNUSUAL IS HAPPENING INSIDE SOUTH KOREA'S STOCK MARKET.
The KOSPI crashed over -8% again today, the fifth circuit breaker this month.
More than ₩400 trillion ($360 billion) was wiped out. Samsung and SK Hynix each fell about 9%.
June 8: an 8% crash within 3… pic.twitter.com/s7e5jutMWx
— Bull Theory (@BullTheoryio) June 26, 2026
BLOODBATH in Asian Markets Over $1 TRILLION wiped out from Asian stocks in just a few hours
byu/RobertBartus inEconomyCharts