SG Talk

Full Version: Black Monday Strikes: Korean stock market plummets, triggering circuit breakers
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
On the Aug. 5, the Korean stock market experienced a significant downturn, triggering the first level of the circuit breaker (CB) on both the KOSPI and KOSDAQ, the two major Korean stock indices, temporarily halting trading.

A circuit breaker is a regulatory measure designed to temporarily halt trading on an exchange to curb panic-selling.

This sharp decline has sparked discussions in financial circles about whether the Bank of Japan’s early interest rate hike was a mistake.


https://www.chosun.com/english/market-mo...KB7E5LDQI/