South Korea’s KOSPI Triggers 20-Minute Halt After 8% Drop
10 Articles
10 Articles
Watch Kospi Slides After US Rout, Triggering Circuit Breaker
Asian stocks slumped after a post-election rout in chipmakers deepened on Wall Street amid growing concern that Democrats will seek tighter regulation of the artificial intelligence industry. Bloomberg's Paul Dobson has the context.
(Seoul = Yonhap News) Reporter Lim Eun-jin = On the 6th, the KOSPI plummeted by more than 8%, breaking the 5,000 mark during trading.
The KOSPI plunged 8% immediately after opening on the 6th, breaking below the 5,000 mark. This marks the first time the index has fallen below 5,000 during trading hours in nine months, since February 6 (4,899.30). In effect, this means the KOSPI has given back most of its gains from the first half of the year. As of 9:02 AM on that day, the KOSPI stood at 493, down 8.32% from the previous day.
The KOSPI plummeted below the 5,000 mark for the first time in nine months following a sell-off of AI-related stocks originating from the U.S. U.S. stock markets, including the Nasdaq, have also entered a correction phase, with semiconductor and AI technology stocks falling sharply in particular. Market experts attribute the cause of this decline to increased selling pressure on leading stocks by hedge funds seeking to realize year-end profits.
占싱깍옙 占쌩곤옙占쏙옙占신울옙占쏙옙 占쏙옙獵占쏙옙 占싻쏙옙占싹댄옙 '占쏙옙占쏙옙遣占' 占쏙옙駙占 占쌘쏙옙占실곤옙 占쏙옙 占쏙옙 5000 占쏙옙占쏙옙占 占쏙옙占쏙옙占쏙옙占쏙옙.占쏙옙獵占쏙옙 占쏙옙占쏙옙 占승몌옙占쏙옙 占싸곤옙占쏙옙占쏙옙(AI) 占쏙옙占쏙옙占싶쇽옙占쏙옙 占쏙옙占 占쏙옙화 占쏙옙占심쇽옙占쏙옙 커占쏙옙占𝘀𝘀서 占쏙성占쏙옙占쌘울옙 SK占쏙옙甄戟占 占쏙옙 占쏙옙占쏙옙 占쌥듸옙...
As a semiconductor shock originating from the U.S. struck the domestic stock market, the KOSPI plummeted below the 5,000 mark for the first time in nine months. According to the Korea Exchange on the 6th, as of 9:25 a.m., the KOSPI was trading at 4,923.47, down 8.55% from the previous close (5,383.80). The index opened at 5,263.26, down 120.54 points (-2.24%) from the previous trading day, and then widened its losses. The Exchange triggered a …
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
