Japanese and South Korean stock markets closed lower, with South Korea's KOSPI index falling nearly 6%

Odaily News According to Gate data, the Nikkei 225 index closed down 930.73 points, or 1.49%, at 61,434.19 points on Wednesday, July 29. South Korea's KOSPI index closed down 360.58 points, or 5.99%, at 5,663.08 points on Wednesday, July 29, having fallen over 12% at one point during the session, triggering circuit breakers for two consecutive trading days. SK Hynix fell 9.6% after its earnings release, plunging over 17% at one point to a record intraday decline; Samsung Electronics fell 5.2%.