South Korea’s KOSPI Index Crashes Over 8%, Triggering a Trading Halt

The post South Korea’s KOSPI Index Crashes Over 8%, Triggering a Trading Halt appeared first on Coinpedia Fintech News

South Korea’s benchmark KOSPI index dropped more than 8% at the open, triggering a circuit breaker and temporarily halting trading for 20 minutes. The selloff erased an estimated ₩400 trillion in market value, marking the index’s sharpest one-day decline since March. Semiconductor heavyweights Samsung and SK Hynix led losses as investors reduced exposure to technology …