South Korea's KOSPI index experienced a sharp 5% decline, reaching 8,477.78 points, prompting a temporary trading halt. The Korea Exchange activated the "Sidecar" mechanism after KOSPI 200 futures fell by 5%, suspending algorithmic trading for five minutes. Major stocks were affected, with SK Hynix dropping over 6% and Samsung Electronics down 5.7%.
South Korean KOSPI Index Plummets 5%, Triggers Trading Halt
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