Yonhap Infomax NewsSouth Korean stocks crashed as President Trump's speech dashed ceasefire hopes, with KOSPI falling 4.47% and KOSDAQ down 5.36%, triggering sell-side circuit breakers in both markets as Trump announced plans for massive attacks on Iran over the next two to three weeks instead of declaring an end to hostilities.
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[Market Close] KOSPI, KOSDAQ Plunge on Trump Speech Dashing Ceasefire Hopes - Sell-Side Circuit Breakers Triggered
South Korean stocks crashed as President Trump's speech dashed ceasefire hopes, with KOSPI falling 4.47% and KOSDAQ down 5.36%, triggering sell-side circuit breakers in both markets as Trump announced plans for massive attacks on Iran over the next two to three weeks instead of declaring an end to hostilities.