KOSPI Drops Over 4% on Semiconductor Stock Plunge… Sell-Side Circuit Breaker Triggered
4 Articles
4 Articles
(Seoul = Yonhap News) Reporter Kim Yu-hyang = On the 5th, the KOSPI fell by more than 4% due to the decline of the semiconductor 'two top' stocks, triggering a 'sell-side circuit breaker' in the securities market.
KOSPI retreats to 5,400 level as foreigners dump 1.2 trillion won; Samsung Electronics and Nix plunge 6-9%; KOSPI sell-side circuit breaker triggered as foreigners fierce selling despite retail and institutional buying; Korean stock market cools rapidly amid concerns over US AI regulations. The KOSPI index plunged more than 4% to fall to the 5,400 level due to fierce selling by foreign investors. Intraday sharp
[Digital Daily Reporter Kang Ki-hoon] A sell-side circuit breaker was triggered on the 5th as the KOSPI plunged more than 4% during trading. Selling pressure concentrated on Samsung Electronics and SK Hynix following the sharp decline in semiconductor stocks in the U.S. market. With foreign investors also selling off over 950 billion won worth of shares, the KOSPI fell to the 5,400 level. According to the Korea Exchange on the 5th, as of 10:20 …
On the 5th, a sell-side circuit breaker was triggered in the securities market as the KOSPI fell by more than 4% following the sharp decline in major semiconductor stocks such as Samsung Electronics and SK Hynix. According to the Korea Exchange, the effectiveness of program sell orders in the securities market was suspended for five minutes at 10:16:19 AM on that day as the KOSPI 200 futures index plummeted. At the time the sell-side circuit b…
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