Business · Markets · 59 mins ago

South Korea’s KOSPI falls below 5,000 as circuit breaker is triggered

South Korea’s KOSPI falls below 5,000 as circuit breaker is triggered

South Korea’s KOSPI fell more than 8% during trading on November 6.

The sharp drop took the index below the 5,000 mark.

The KOSPI is South Korea’s main stock market index.

A circuit breaker was triggered as shares plunged.

Circuit breakers are used to interrupt trading during steep market moves.

The brief report gives no cause for the fall or details on how long trading was halted.

It does not say what happened to the market afterward.

6 sources

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