19 hours ago
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The post KOSPI Stock Index Halts Trading After 8% Crash as Samsung and SK Hynix Sink appeared first on Coinpedia Fintech News
South Korea’s KOSPI Index triggered a circuit breaker after plunging 8%, halting stock and program trading for 20 minutes. The selloff erased about ₩396 trillion ($264 billion) in market value as Samsung Electronics fell 9% and SK Hynix dropped 11%. Investors reacted to concerns over AI infrastructure spending, Nvidia-related financing, and rising competition from China’s …
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