Image: Business TodayKospi plunges 8%, trading halted: Why South Korean market is seeing extreme volatility - BusinessToday
β’ The South Korean Kospi index plunged 8%, triggering a trading halt due to extreme market volatility. β’ The crash is attributed to the introduction of leveraged funds linked to blue-chip stocks last month, which have amplified price swings. β’ High market concentration is a key driver, with the top five stocks making up nearly 70% of the index, including Samsung and SK Hynix.
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