India, July 17 -- Korea Stock Market (KRX) Today (July 17): The South Korean stock market remained closed on Friday, July 17, as the Korea Exchange (KRX) suspended trading for a scheduled market holiday. The closure follows a highly volatile trading session on July 16, when the benchmark KOSPI tumbled 6.37%, marking one of its sharpest single-day declines this year.

Heavy selling in semiconductor stocks, a surprise interest rate hike by the Bank of Korea, and growing geopolitical tensions in the Middle East weighed heavily on investor sentiment. The technology-focused KOSDAQ also ended sharply lower, while Samsung Electronics and SK Hynix emerged among the session's biggest drags.

Korea Stock Market (KRX) Today (July 17): Why is the Kor...