33 trillion won in credit extensions flash a warning as KOSPI plunges into the 5000s

KOSPI has fallen sharply to around the 5,000 level, underscoring a period of extreme market volatility.

Credit trading balances reached 32.995 trillion won as of the 29th, keeping leveraged bets at a very high level.

Analysts warn that if the market falls further, forced selling from margin calls could amplify downside pressure.

Semiconductors, key earnings releases, and the upcoming U.S. FOMC are expected to drive near-term swings.