South Korea's KOSPI Falls Over 7%, Trading Halt Triggered
South Korea's KOSPI index dropped more than 7%, triggering a five-minute 'sidecar' trading halt due to overwhelming sell orders. Major tech firms like Samsung Electronics and SK Hynix suffered significant losses, marking the longest losing streak since September 2024. Foreign investors were net sellers, and Treasury bond yields fell slightly amid ongoing market instability and concerns about recovery.
ET Markets·


