KOSPI trading paused following sharp drop in Samsung stock
The Korea Exchange triggered a five-minute halt on programme trading for KOSPI stocks after the index dropped by more than 5%. This decline was driven by an 8% slide in Samsung Electronics shares. The market faced significant downward pressure as investors sold off holdings to lock in gains, even though Samsung had projected a 19-fold increase in its operating profit. Other major companies in the KOSPI top 10, such as SK Hynix, also saw their share prices fall.
by shortkt.com✓