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South Korea’s KOSPI Index Crash Triggers Circuit Breaker After Plunging Over 8%
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 dropped more than 8%, triggering circuit breakers that halted trading for 20 minutes and temporarily suspended program selling on the Korea Exchange. More than ₩366 trillion ($246 billion) in market value was erased, while Samsung Electronics and SK Hynix each fell about 9%. Foreign investors sold 2.5 trillion won ($1.6 billion) in early trading amid weaker sentiment toward AI-related stocks. Markets will watch whether volatility eases when trading resumes.
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