星球日报
星球日报|7月 08, 2026 03:11
[South Korea to Closely Monitor Stock Market Volatility, Warns of High Concentration in Semiconductor Sector] Odaily Planet Daily News – The South Korean Ministry of Finance stated that Finance Minister Koo Yun-cheol has held an emergency meeting with the governor of the Bank of Korea and heads of financial regulatory agencies to address the recent sharp fluctuations in the South Korean stock market. The South Korean government announced that it will closely monitor various risk factors that could exacerbate market uncertainty and prevent further expansion of market volatility. Recently, due to factors such as profit-taking by foreign and institutional investors, adjustments in AI sector expectations, and portfolio rebalancing, volatility in the South Korean stock market has intensified. The KOSPI index triggered its sixth circuit breaker of the year earlier this week. In a statement, the South Korean government said: 'The high concentration in the semiconductor industry has become a core factor amplifying financial market volatility. The ripple effects of fluctuations in the chip sector on the overall market are continuously strengthening.' (Jin10)
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