South Korea Stock Market Turnover Plunges 70% From Late-May Peak as Foreign and Retail Investors Exit

The striking part is not the turnover drop itself but its composition: both foreign and domestic retail flows are retreating at once, leaving a market whose narrow dependence on two memory names is exposed. Wool's admission that his fund has already booked AI-chip gains and moved underweight suggests the marginal buyer that drove the rally may be gone rather than merely pausing. Whether turnover stabilizes or the concentration in Samsung and SK Hynix becomes a deeper vulnerability is the open question.