Korean Exchange Activates KOSPI Circuit Breaker Amid Major Index Decline

Odaily reported that the decline of South Korea's KOSPI index has widened to 5%, with Samsung falling 6.5% and SK Hynix dropping over 8%. Nasdaq futures are down nearly 1%, with major chip stocks declining broadly in after-hours trading.

South Korea's exchange has activated the KOSPI circuit breaker mechanism due to a 5% drop in KOSPI 200 futures, suspending program trading for 5 minutes.