🇰🇷 South Korea’s KOSPI experienced one of the most dramatic intraday reversals in recent market history.
The index plunged more than 20% from Monday’s open, triggering circuit breakers and wiping out nearly ₩1.1 trillion in market value.
Within hours, KOSPI staged an impressive 25% rebound, swinging by almost ₩2 trillion in value. Despite the sharp recovery, the index remains around 5% lower on the day.
#KOSPI #SouthKorea #StockMarket
The index plunged more than 20% from Monday’s open, triggering circuit breakers and wiping out nearly ₩1.1 trillion in market value.
Within hours, KOSPI staged an impressive 25% rebound, swinging by almost ₩2 trillion in value. Despite the sharp recovery, the index remains around 5% lower on the day.
#KOSPI #SouthKorea #StockMarket