KOSPI’s 8% Drop Triggers Circuit Breaker as Tech Selloff Hits Asia
β’ South Korea's KOSPI index plunged 8% on Monday, triggering a 20-minute circuit breaker halt to stabilize the market. β’ The crash was driven by a broader US semiconductor selloff, causing major tech giants Samsung and SK Hynix to drop 10%. β’ This volatility highlights the sensitivity of Asian equities to US tech trends, though Bitcoin remained relatively stable near $63,000.
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