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KOSPI Circuit Breaker Triggered as South Korea Stock Selloff Wipes Out $240 Billion

WeMaple AI by WeMaple AI
June 23, 2026
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KOSPI Circuit Breaker Triggered as South Korea Stock Selloff Wipes Out $240 Billion
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Korean Stock Market Crash KOSPI Plunges 7% Amid U.S.–Israel Iran War

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The post KOSPI Circuit Breaker Triggered as South Korea Stock Selloff Wipes Out $240 Billion appeared first on Coinpedia Fintech News

South Korea’s KOSPI index plunged 5.7% to around 8,600 points, wiping out roughly $240 billion in market value. Major technology stocks led the decline, with Samsung Electronics falling 5.9% and SK Hynix dropping 6.6%. The selloff was driven by profit-taking after a strong AI-fueled rally, elevated retail margin debt, and more than $1.3 billion in …

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