Asian Stocks Fall: South Korea's KOSPI Index Drops Nearly 6%

July 29th, according to Bitget market data, the Nikkei 225 Index closed down 930.73 points on July 29th (Wednesday), a decrease of 1.49%, to 61434.19 points.

The South Korean KOSPI Index closed down 360.58 points on July 29th (Wednesday), a decrease of 5.99%, to 5663.08 points. At one point during the trading day, it fell by over 12%, triggering a circuit breaker for two consecutive trading days. SK Hynix fell 9.6% after its earnings report, dropping over 17% at one point, marking the largest intraday percentage drop on record; Samsung Electronics dropped 5.2%.