South Korea's KOSPI Index closed down 173.07 points, marking a 2.04% decline, to settle at 8,303.41 points on July 1. This downturn reflects ongoing market volatility. In contrast, Japan's Nikkei 225 Index rose by 412.64 points, or 0.59%, closing at 70,474.96 points, indicating a positive trend in the Japanese market.