South Korea KOSPI Crash

After gaining 297% from 4/9/25 to 6/22/26 for its strongest bull market since an 850% rally from May 1982 to April 1989, South Korea's KOSPI has crashed 34% in the last 25 trading days (36 calendar days):

Below is a look at historical bull and bear markets for the KOSPI using the standard 20% rally/decline threshold on a closing basis.

As shown, the current bear market decline of 33.9% is already slightly worse than the average bear market drop of 33.5% for the index, while the length of just 36 days for this bear is well shorter than the average bear-market length of 229 days for the KOSPI going back to 1980.

Of course, we won't know how long this bear will ultimately last until it's over, and we won't know when it's over until we see the index rally 20%+ from a low point.  What we do know is that after one of the most parabolic rallies in history for a major global index, the KOSPI is currently in the midst of one of its fastest-ever bear-market drops.