▲ The KOSPI is displayed on the electronic board at the dealing room of the Hana Bank headquarters in Euljiro, Seoul, on the 28th. On this day, the KOSPI plummeted by around 11%, dropping below the 6,000 mark during intraday trading.
As the domestic stock market suffered a sharp decline centered on semiconductor shares today (July 28), the KOSPI fell below the 6,000-point mark during the session.
Amid today's sharp plunge, market stabilization measures were triggered consecutively, including sell sidecars (temporary suspension of program sell orders) and circuit breakers for both the KOSPI and KOSDAQ markets.
At 3:15 PM, the KOSPI stood at 6,011.95, down 11.01%.
The index opened at 6,400.27, down 355.48 points from the previous session, and expanded its losses to plunge as low as 5,992.91 during the session, falling beneath the 6,000 line.
It has since recovered the 6,000 mark.
At the same time, the KOSDAQ index fell 8.02% to 703.51.
During the session, the index briefly sank to 697.45, breaking below the 700-point threshold for the first time in 1 year and 3 months since April 16 of last year.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.
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