KOSPI tumbled 4.2%
South Korea's KOSPI fell 4.16% on October 14, closing at 6118.63. The drop extended a sharp slide: the index lost 12.64% over the past week and 12.02% over the past month, and it was down 15.57% across three months.
The longer view looked very different. Even after the recent selling, the KOSPI remained up 45.19% for the year to date and sat 71.78% above its low of the past year, 3561.81. It was also 32.87% below its high of the past year, 9114.55. The close left the index under both its 50-day moving average, an average of recent closing levels, at 6686.35, and its 200-day average at 6385.85.
Peer markets closed on three different dates, so they do not describe one shared session. Among markets that traded on October 14, the same day as the KOSPI, Japan's Nikkei fell 1.46% and Australia's ASX 200 slipped 0.86%. In the most recent US session, on October 13, the S&P 500 eased 0.02%, the Nasdaq lost 0.15% and the Dow fell 0.35%. The latest available closes for several other markets dated from October 12: the FTSE 100 gained 0.99%, the DAX 0.76%, the Euro Stoxx 50 0.45% and the CAC 40 0.38%, while in Asia the Hang Seng added 0.25%, Shanghai fell 0.43% and Taiwan's TAIEX dipped 0.02%. India's Sensex lost 0.76% and the Nifty 50 0.7% on that date.
The headlines centred on chip stocks. A report from NBC News said the KOSPI had sunk more than 7% in a semiconductor sell-off tied to worries about the AI boom; that figure does not match the 4.16% close recorded here and appears to describe an earlier session. Business Insider reported that turmoil in Korea was spilling into US chip stocks, and KED Global ran a piece describing the KOSPI as having gone from the world's best-performing market to its worst.
One headline pointed the other way. TradingKey, in a more recent report, said Japanese and South Korean stocks had rebounded in early trading, with the KOSPI up over 1.7% and Samsung and SK Hynix also higher. That account conflicts with the day's recorded loss, and the available data does not establish which session or time of day the report covers.
What the data shows is a steep, fast decline that left the index below its main moving averages while still holding a large gain for the year. The headlines link the selling to semiconductors, but they are reports rather than confirmed causes, and the data alone does not establish a single driver for the move.
The numbers
- Level 6,118.63, -4.16% on the day (as of 2026-10-14)
- 1-week -12.64% · 1-month -12.02% · 3-month -15.57% · YTD +45.19%
- 52-week range 3,561.81 – 9,114.55, 32.9% below the high
- Trading below its 50-day average and below its 200-day average
Around the world (same session)
- S&P 500 -0.02%
- Nasdaq -0.15%
- Dow -0.35%
- FTSE 100 +0.99%
- DAX +0.76%
- CAC 40 +0.38%
- Euro Stoxx 50 +0.45%
- Nikkei -1.46%
- Hang Seng +0.25%
- Shanghai -0.43%
- TAIEX -0.02%
- ASX 200 -0.86%
- Sensex -0.76%
- Nifty 50 -0.70%
Recent headlines
- South Korea’s Kospi index sinks more than 7% on semiconductor share sell-off over AI boom worries — NBC News (20h ago)
- Chaos in Korea's market is sending shockwaves through US chip stocks — Business Insider (10h ago)
- Wall Street mixed in early trading as big US banks report earnings, chip stocks fall again — Yahoo Finance (22h ago)
- Kospi descends to world’s worst-performing market from the best; Five reasons why — KED Global (16h ago)
- US stocks edge back from their record following the first big batch of profit reports for the summer — AP News (4h ago)
- A $29 Billion Manager Tips Nigerian Stocks Over South Korea’s Kospi — Livemint (47m ago)
- Japan and South Korea Stocks Rebound in Early Trading as Kospi Gains Over 1.7%, Samsung Rises Over 3%, SK Hynix Gains Nearly 3% — TradingKey (34m ago)
- Stock Market Today [LIVE] : KOSPI Stock Crash — TradingView (1d ago)
Sources
- South Korea’s Kospi index sinks more than 7% on semiconductor share sell-off over AI boom worries — NBC News
- Chaos in Korea's market is sending shockwaves through US chip stocks — Business Insider
- Wall Street mixed in early trading as big US banks report earnings, chip stocks fall again — Yahoo Finance
- Kospi descends to world’s worst-performing market from the best; Five reasons why — KED Global
- US stocks edge back from their record following the first big batch of profit reports for the summer — AP News
- A $29 Billion Manager Tips Nigerian Stocks Over South Korea’s Kospi — Livemint
- Japan and South Korea Stocks Rebound in Early Trading as Kospi Gains Over 1.7%, Samsung Rises Over 3%, SK Hynix Gains Nearly 3% — TradingKey
- Stock Market Today [LIVE] : KOSPI Stock Crash — TradingView
Keep digging
- All world-index wraps: the daily read on Wall Street, Europe and Asia in one place.
- Commodities & global markets: live gold, crude, Bitcoin, the dollar, yields and the VIX.
- Money & markets stories: the drama behind the moves.