South Korea’s KOSPI index touched the 7000 level on July 24 and was down 1.55% on the day, according to Bitget market data. Major chip and technology names also moved lower, with SK Hynix falling 1.8% and Samsung Electronics down 1.4%. Separately, South Korea raised cash deposit requirements for trading single-stock leveraged ETFs three days earlier than scheduled. The move was reported by BlockBeats, citing Bitget data. The brief market update points to simultaneous weakness in the benchmark index and heavyweight constituents, while also noting a policy adjustment tied to leveraged ETF trading. No additional details on the new cash deposit threshold were disclosed in the source material.
South Korea’s KOSPI index touched the 7000 level on July 24 and was down 1.55% on the day, according to Bitget market data cited by BlockBeats.
Among major stocks, SK Hynix fell 1.8% and Samsung Electronics lost 1.4%. South Korea also raised the cash deposit requirement for trading single-stock leveraged ETFs three days ahead of schedule.
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