South Korea’s KOSDAQ Triggers 20-Minute Trading Halt After Selloff

South Korea’s KOSDAQ index triggered a circuit breaker after a sharp selloff, suspending trading for 20 minutes as the country’s KOSPI benchmark fell 8% and approached a trading halt. The two developments put separate South Korean equity indexes under pressure at the same time. KOSDAQ trading was interrupted for 20 minutes, while KOSPI’s 8% slide left that benchmark close to its own halt threshold. The 8% decline applied to KOSPI; the confirmed trading suspension applied to KOSDAQ. The circuit breaker made the KOSDAQ interruption a fixed 20-minute pause.

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