Mmastodon BusinessMarkets first seen 2 d ago, last 2 d ago, peak #6

Kospi plunges below 6,000 as Korea triggers trading curb

Original: The Kospi just broke below 6,000: −5.95% in a day, −14% in five sessions. Korea's sell-side curb kicked in for the first

South Korea's Kospi index fell 5.95% in a single session, dropping below the 6,000 level and shedding roughly 14% over five sessions. The decline triggered the country's sidecar mechanism, which halts certain program selling, for the first time in two months. Samsung and SK Hynix were among the stocks caught in the selloff, with attention also on memory-chip rival CXMT.

Why now: A sharp, fast crash in a major Asian stock market has revived fears about chip stocks and broader market stability.

KospiSouth KoreaSamsungSK HynixCXMT

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Evidence

• The Kospi just broke below 6,000: −5.95% in a day, −14% in five sessions. Korea's sell-side curb kicked in for the first time in two months. https://www. trade2spike.com/news/kospi-fal ls-below-6000-sidecar-samsung-sk-hynix-cxmt # Kospi # Samsung # SKHynix # Stocks · trade2spike · 2

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