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KOSDAQ Falls 4.5% as Divergence with KOSPI Hits Record 24% Frequency in 2026

2026-07-17 23:19:37

According to Korea Exchange, as of July 16, KOSDAQ declined when KOSPI gained for 32 trading days this year, representing 24% of the 132 total trading days—a record high since the index launched in 1996 and 1.8 times higher than the 13% recorded in 2025. KOSDAQ closed at 791.84, down 4.53%, erasing all gains from earlier in the year as semiconductor holdings concentrated at the top of the index faced relative weakness compared to larger-cap semiconductor stocks on KOSPI.

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