🚨BREAKING: South Koreas Stock Market JUST COLLAPSED 44% In 40 DAYS ($2T WIPED OUT!) [sWsSt0P1kQN]
South Korea's KOSPI index gained two hundred ninety seven percent between April ninth, twenty twenty five and June twenty second, twenty twenty six, the strongest bull market for the index since a similar run between May nineteen eighty two and April nineteen eighty nine. Over the following forty trading days, that same index collapsed forty four percent, erasing roughly two trillion dollars of market capitalization. South Korea dropped from the sixth largest stock market in the world to the eleventh. The Korea Exchange has triggered nine circuit breakers in twenty twenty six alone. On both July twenty eighth and July twenty ninth, the exchange triggered market wide circuit breakers on consecutive days for the first time in its history. Finance Minister Koo Yun-cheol convened an emergency meeting Wednesday evening at six PM local time with the Bank of Korea Governor Shin Hyun-song, Financial Services Commission Chairman Lee Eog-weon, and Financial Supervisory Service Governor Lee Chan-jin.