QUICK SPARK: South Korea’s KOSPI Logs Worst Week Since 2008’s Lehman Brothers Collapse
10/16/2026
Impact: -80
Technology
The KOSPI index in South Korea experienced a significant decline of 14.46% for the week, marking its worst performance since the Lehman Brothers collapse in October 2008. Notably, SK Hynix Inc. fell 24.3% and Samsung Electronics Co. Ltd. dropped 17.8%, both reflecting their steepest weekly losses since that period. The KOSPI is currently 37.8% below its record close of 9,114.55, despite being up 34.5% in 2026. Additionally, the iShares MSCI South Korea ETF was down over 13% during Friday trading.
AI summary, not financial advice
Share: