South Korea National Pension loses 182 trillion won due to decline in Korean stock market

Impacted by the decline in the share prices of companies such as Samsung Electronics and SK Hynix, South Korea's main pension fund, the National Pension Service (NPS), has suffered a loss of 182 trillion won, equivalent to approximately $137 billion. According to financial data provider FnGuide, as of October 15, the valuation of NPS’s investment portfolio—with a shareholding ratio of 5% or higher in 287 listed companies—had dropped from 515.93 trillion won at the end of June to 333.53 trillion won. This marks the fund’s first quarterly decline since the fourth quarter of 2024; for NPS, which had posted a record-high return in the first half of the year, this represents a dramatic reversal.