The combined market capitalization of South Korea's KOSPI and KOSDAQ fell 212.555 trillion won, or 3.41%, in the month to the 14th, reaching 6,022.223 trillion won by 11:40 a.m. The KOSPI accounted for 5,567.111 trillion won and the KOSDAQ for 455.112 trillion won, according to the Korea Exchange and Koscom's ETF CHECK. The market's value has fallen from more than 8,000 trillion won in June as chip stocks led by Samsung Electronics and SK hynix weakened. The two companies have lost roughly 1,454 trillion won in combined market value from their peaks. Total capitalization remains up 2,038.457 trillion won, or 51.17%, year to date, but concerns over persistent high interest rates, oil prices, geopolitical uncertainty, a stronger won and a possible slowdown in artificial intelligence have increased volatility. Shinhan Investment analyst Kang Jin-hyuk said foreign investors continued selling stocks and futures while net purchases of about 1.6 trillion won by other corporate entities could help determine whether the selloff stabilizes.