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Korea Exchange halted program selling for 5 minutes after the KOSPI fell 6%, wiping over $203 billion from South Korean stocks
20,659 posts · 6,799 accounts · +17% vs the day before
- The KOSPI dropped 6% prompting a 5‑minute program‑selling halt, erasing more than ₩305 trillion ($203 billion) in market value[35]
- South Korean equities plunged more than 8%, triggering a trading halt amid the sell‑off[28]
- Japan’s stock market fell 4.5% in a sharp decline[30]
- Hotter‑than‑expected US inflation pushed the S&P 500 and Nasdaq down over 1% each, hurting AI‑sensitive stocks such as Oracle and CoreWeave[34]
- The semiconductor ETF $SOXX is on track for an eighth straight red day, its longest losing streak in 16 years[29]
Posts cited
[28] Barchart · @barchart ·
BREAKING 🚨: South Korea Chaos in South Korea after stocks plunge more than 8% triggering a trading halt 📉 📉
Open on X[29] Barchart · @barchart ·
Semiconductor Stocks $SOXX are getting hammered in after hours and on track for their 8th consecutive red day, which would be their longest losing streak in 16 years 📉 📉
Open on X[30] Barchart · @barchart ·
BREAKING 🚨: Japan Japanese Stocks plunging 4.5% 📉 📉
Open on X[34] Reuters · @reuters ·
Hotter-than-expected inflation data sent the S&P 500 and Nasdaq down more than 1% each, with worries about more interest rate hikes from the Federal Reserve pummeling shares of Oracle, CoreWeave and other AI stocks sensitive to higher borrowing costs https://t.co/TBmADr9P60
Open on X[35] Bull Theory · @bulltheoryio ·
BREAKING: Korea Exchange halted program selling for 5 minutes after KOSPI crashed -6%. Over ₩305,010,000,000,000 ($203 BILLION) wiped out from South Korean stocks in just few minutes.
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