The post Korea Stock Market News: KOSPI, KOSDAQ Halted Together For First Time Since July As FSC Steps In appeared first on Coinpedia Fintech News
South Korea’s Financial Services Commission held an emergency meeting on Thursday and said it is ready to activate contingency plans after the KOSPI closed down 7.57%. SK Hynix fell 11.06% and Samsung Electronics lost 9.48%. FSC Commissioner Lee Won-geon chaired the 2:30 p.m. session. The regulator said the pace of the decline looked excessive and …