While declines in chip and Internet giants have put South Korean equities on track for his or her worst 12 months because the world monetary disaster, buyers discovered winners within the electric-vehicle provide chain and protection sector.

The benchmark Kospi is down about 22% in 2022, headed for its largest loss since 2008. The greatest drags embody a 26% decline in Samsung Electronics Co. and a lack of double that dimension in Kakao Corp., as progress shares had been pummeled worldwide over recession fears.