KOSPI Plummets Below 7300: Sell Sidecar Triggered Amid US Rate and Oil Shock
The South Korean equity market faced a severe correction on Monday, as the benchmark Korea Composite Stock Price Index (KOSPI) plummeted, triggering a sell sidecar to curb accelerating losses. Market reports indicate the index dropped nearly 3%, slicing through the critical 7,300 psychological support level in a session marked by high volatility and aggressive selling. … Read more