South Korea's KOSPI Plunges 7.89% Today, Erasing About 579 Trillion Won

According to BlockBeats citing Naver Finance, South Korea's KOSPI index plunged 7.89% today (July 2), closing at 7,648.09 points and erasing approximately 579 trillion won (about $37.2 billion) in market value.

Semiconductor stocks led the decline, with Samsung Electronics and SK Hynix among the major losers dragging down the broader market.

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