Advertise
KOSPI Stock Index Halts Trading After 8% Crash as Samsung and SK Hynix Sink
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
South Korea’s KOSPI Index triggered a circuit breaker after plunging 8%, halting stock and program trading for 20 minutes. The selloff erased about ₩396 trillion ($264 billion) in market value as Samsung Electronics fell 9% and SK Hynix dropped 11%. Investors reacted to concerns over AI infrastructure spending, Nvidia-related financing, and rising competition from China’s semiconductor industry. The sharp decline also intensified selling in leveraged ETFs, marking the eighth circuit breaker of 2026.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
