BREAKING: Korea Exchange halted program selling for 5 minutes after KOSPI crashed -6.5% in just 10 minutes .
₩329.9 trillion ($220.0B) wiped out.
Samsung Electronics and SK hynix are among the dominant weights in the KOSPI. Recent selloffs have shown how quickly weakness in these two stocks can propagate through the entire index. On August 6, for example, SK hynix fell more than 9% and Samsung about 6.5%, while foreign investors sold roughly ₩1.48T of Korean equities.
Source:
https://finance.biggo.com/news/86ac3326-25ae-48bd-84b8-b6a1a74249cd?utm_source=chatgpt.com