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South Korean markets halt trading as Kospi and Kosdaq plunge over 8%

Original: Korean stock trading halted as Kospi, Kosdaq tumble more than 8%

Trading in South Korean stocks was halted after both the Kospi and the Kosdaq fell more than 8 percent, triggering automatic circuit breakers. The broad sell-off wiped out significant value across large and small caps alike, and investors are watching closely for signs of what drove the plunge and whether further declines will follow when trading resumes.

Why now: The sudden market-wide crash and trading halt directly affect investors and are major breaking financial news.

KospiKosdaqSouth Korea

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