KOSDAQ Circuit Breaker Triggered Again: What Happened on the Korean Exchange
The Korean Exchange has once again activated the circuit breaker mechanism on the Korea Growth Enterprise Market Index, known as KOSDAQ, halting trading after a sharp selloff pushed the index past its threshold for automatic intervention. The activation marks another instance of the exchange stepping in to pause trading on South Korea’s junior market amid intense selling pressure. Circuit breakers were triggered on the KOSDAQ, forcing a temporary halt in all trading on the growth-oriented index.