Tuesday, June 23, 2026

"KOSPI's Historic 9.99% Single-Day Plunge"

From Korea's Chosun Daily, June 23:

Sell-side circuit breakers triggered as foreign investors net sell 4T won; individuals net buy 8.5T to limit losses 

The KOSPI, which had been soaring past the 9,000-point mark, plummeted nearly 10%, marking a "Black Tuesday."

According to the Korea Exchange on the 23rd, the KOSPI closed at 8,203.84, down 9.99% from the previous trading day—the largest single-day decline on record. The exchange activated the sell-side circuit breaker at 11:40 a.m. and the first-stage circuit breaker around 2:40 p.m. that day....

....MUCH MORE