South Korean Stocks Extend Selloff and Break Below July Lows

South Korean equities continue to sell off sharply.
The market has now broken below its July lows, marking another technical deterioration after weeks of heavy pressure.
Breaking a previous major low matters because it removes an important support level and can accelerate defensive positioning among investors.
The move also highlights how quickly sentiment toward one of Asia’s strongest-performing markets earlier in the cycle has reversed.
South Korean equities are particularly exposed to global semiconductor demand, AI positioning, exports and shifts in foreign capital flows.
That makes the market sensitive to any broader reduction in risk appetite across technology and cyclical assets.
The key level to watch now is whether buyers step in quickly below the July lows or whether the breakdown develops into another leg lower.
For now, momentum remains firmly risk-off.