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KOSPI Ends Week Down 3.84% at 8,088.34 Amid Chip Volatility

The KOSPI declined 3.84% over the full week to close at 8,088.34 on July 3, marking its second consecutive weekly loss and the largest two-week percentage drop since mid-March. The index experienced sharp swings, including a selloff that pushed it below 8,000 early in the period followed by a late-session surge of more than 6% on the final trading day driven by semiconductor rebounds. Foreign and institutional selling in chip stocks weighed on performance despite government support signals for AI and semiconductors.