Koreas stock market fell 39%. How was it still up 30% since January 2? investing korea [u8tIKYJfhTV]

The KOSPI more than doubled after its first trading close of 2026, then fell 38.63% from its June peak. That sounds contradictory, but both comparisons end at the same July 30 value. We follow the real index from January 2 through July 30. It finished at 5,593.56, still 29.79% above its January 2 close even after giving back much of its earlier rise. We keep the ending point the same and change only the starting point. The graph shows why both percentage changes can be correct.