Another slip-up of the Kospi, the main index of the Bag of South Korea and point of reference for the semiconductors and for securities related to theArtificial intelligence worldwide. It lost another 5% overnight, while other Asian markets were mixed. This is a dire sign for the financial markets' first session of August after the seesaw at the end of July.
Despite today's losses, the Seoul Stock Exchange, dominated by AI giants, remains the best performing in the world: since the beginning of the year it has gained 67% driven by the stellar performance of semiconductors which have also given a boost to the Taiwan Stock Exchange (+ 50,2%).
In Europe, however, it stands out Business Square Since the beginning of the year, Milan has gained 16%, thanks to gains in financial stocks, partly due to the banking risk. So far, Milan has outperformed not only all the European Union stock markets but also the US stock markets, which have gained 8% so far in 2026.
