India, July 29 -- Korea Stock Market (KRX) Today (July 29): South Korea's stock market remained under intense pressure on July 29 as investors continued to exit technology and semiconductor stocks despite an early recovery attempt.

After suffering one of its steepest declines in recent years a day earlier, the Korea Exchange (KRX) witnessed another wave of panic selling that dragged the benchmark KOSPI more than 7% lower, while the tech-heavy KOSDAQ slipped to a fresh 52-week low.

Heavyweights including Samsung Electronics and SK Hynix led the decline as investors reacted to disappointing market sentiment, profit-taking, and continued concerns surrounding the semiconductor sector. Here's a closer look at why the Korean stock market fell...