South Korea's KOSPI tumbles 8%, triggering circuit breakers for sixth time this year
- SEOUL: South Korean shares fell 8 per cent on Tuesday, led by chipmakers, as investors questioned whether record earnings tied to AI could hold up.
- The benchmark KOSPI was down 646.85 points, or 8.03 per cent, at 7,404.48, as of 4.53am GMT (12.53pm, Singapore time).
- It triggered circuit breakers at 4.51am GMT, halting trading for 20 minutes.
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- SEOUL: South Korean shares fell 8 per cent on Tuesday, led by chipmakers, as investors questioned whether record earnings tied to AI could hold up.
- The benchmark KOSPI was down 646.85 points, or 8.03 per cent, at 7,404.48, as of 4.53am GMT (12.53pm, Singapore time).
- It triggered circuit breakers at 4.51am GMT, halting trading for 20 minutes.
Sources: CNA