South Korean Stock Exchange Triggers Circuit Breaker for the Seventh Time This Year
Svmuu News: On Monday, the South Korean stock market fell, prompting the Korea Exchange to trigger a circuit breaker for the benchmark KOSPI index, suspending trading of KOSPI-listed stocks for 20 minutes. At approximately 1:28 p.m. that day, 12:28 p.m. Beijing time, the Korea Exchange triggered a market-wide circuit breaker after the KOSPI index fell more than 8% from the previous trading day’s closing price. This followed a new round of hostilities between the United States and Iran over the situation in the Strait of Hormuz.
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