Post by Sophus UK (@SophusUK)

🚨 BREAKING: SOUTH KOREAN STOCK MARKET CRASHES 11% AFTER CIRCUIT BREAKER HALT

South Korea’s KOSPI plunged 8%, triggering a circuit breaker, and extended losses to 11% after trading resumed.

The BRUTAL sell-off comes as:

> The country imports 94% of its oil, with 75% sourced from the Middle East.

> The index is up 2x in 6 months, and now down 17% from Friday’s high.

> The market is retail-dominated, with an estimated 70% retail participation (NYSE has 20%)

🚨 BREAKING: SOUTH KOREAN STOCK MARKET CRASHES 11% AFTER CIRCUIT BREAKER HALT

South Korea’s KOSPI p...

0 likes · 0 comments · 0 shares