Home S. Korean exchange KOSPI halts trading after hitting the circuit breaker, down over 8%

S. Korean exchange KOSPI halts trading after hitting the circuit breaker, down over 8%

Updated: 19 Mar. 2020 | 04:28

With the rout in the global markets extending, South Korean benchmark, KOSPI, halted trading for 20 mins after it hit the lower circuit breaker.

The benchmark fell 8% to hit the lowest since 2009. KOSPI fell as low as 1,461.51, with fears over a global economic downturn intensifying.

Further, the jump in the number of new virus cases in the South also spooked the investors.

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South Korea confirms 152 new coronavirus cases, USD/KRW hits highest since 2009

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