Peaked at #1 Now #1
South Korea's KOSPI Crashes, Triggers Circuit Breaker
South Korea's KOSPI stock market crashed 6%.
Key points
- The Korea Exchange halted program selling for 5 minutes after the KOSPI crashed -5%, the first sidecar triggered in almost 2 months, per @BullTheoryio.
- @WatcherGuru reported South Korea's KOSPI stock market crashing 6%; @zerohedge noted the KOSPI fell 7% to 5,936.36 and separately -4.5%, dropping below its 200DMA.
- @KobeissiLetter said South Korea's stock market is down more than -15% over the last 5 days, with Nasdaq 100 futures down -1% in overnight trading.
Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI
Original post
What others are saying
4 more-
South Korea's stock market is down over 15% in five days; Nasdaq 100 futures fell 1% overnight.
View on X -
South Korea's KOSPI index fell 7% to 5,936.36, near a circuit breaker.
View on X -
After KOSPI plunged 5%, Korea Exchange halted program selling for 5 minutes, first sidecar in nearly two months.
View on X -
South Korea's stock market is plunging 6.4%, which Barchart calls 'absolute annihilation'.
View on X
Top replies on X
Reaction on X: Replies are mostly skeptical of reading the drop as a verdict on Korea: one notes the index is still up 64% over the last year, another cites CXMT's next-generation server memory announcement and weakness in U.S. semiconductor stocks as immediate triggers alongside foreign net selling, and a third points out roughly 60% of KOSPI market cap is Samsung plus SK Hynix. The original poster did not respond.
Sign in to see 3 top replies from X
From @LateNightCam, @eth_apple, @AgerardF52453 and others. Spam removed, with English and Chinese translations.
Discussion 0
Sign up Sign in to join the discussion
No comments yet. Start the conversation.