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South Korea’s KOSPI Index Crash Triggers Circuit Breaker After Plunging Over 8%

Published by
Nidhi Kolhapur

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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Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Published by
Nidhi Kolhapur
Tags: Stock Market

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