Business · Markets · 1 hr ago
South Korea’s KOSPI triggers level-one circuit breaker after sharp fall
South Korea’s KOSPI triggered a level-one circuit breaker on Oct.
15, after the KOSDAQ had already done so.
The two indexes track shares traded on South Korea’s stock market.
Both indexes fell more than 8%, according to the headline.
A circuit breaker is a market measure activated during a sharp fall, and the report identifies the level as one.
The triggers show that the sell-off affected both major indexes, not just one.
No further steps or explanation for the market drop were given.
South Korea’s KOSDAQ and KOSPI markets each triggered a level-one circuit breaker after falling more than 8%.
Trading was halted for 20 minutes in both markets.
The KOSDAQ circuit breaker was triggered at about 12:23 p.m., followed by the KOSPI at about 12:38 p.m. on Oct. 15.
At the time of the KOSPI trigger, the index was down 480.76 points, or 8.00%, to 5,528.05.
The KOSDAQ was down 66.00 points, or 8.01%, to 757.88 when its circuit breaker was triggered.
- Who
- South Korea’s KOSPI and KOSDAQ markets.
- What
- Both triggered circuit breakers after falling more than 8%, halting trading for 20 minutes.
- When
- Oct. 15, 2026; the KOSDAQ trigger was at about 12:23 p.m. and the KOSPI trigger at about 12:38 p.m.
- Where
- South Korea’s KOSPI and KOSDAQ stock markets.
- Why
- The indices had fallen at least 8% from the previous close for one minute.
This story does not have two clearly opposing sides.
Sell-sidecars were triggered in the KOSPI and KOSDAQ markets.
The KOSDAQ circuit breaker was triggered, halting trading for 20 minutes.
The KOSPI circuit breaker was triggered, halting trading for 20 minutes.
- KOSPI level
- 5,528.05, down 480.76 points (8.00%)
- KOSDAQ level
- 757.88, down 66.00 points (8.01%)
- Trading halt
- 20 minutes in each market
- Trigger threshold
- A fall of at least 8% from the previous close sustained for one minute
- Date
- Oct. 15, 2026