South Korea’s benchmark KOSPI stock index plunged 11 percent during heavy trading, triggering automatic market circuit breakers and temporarily halting equity transactions on the Seoul exchange.
The sharp sell-off was led by steep declines in major technology and semiconductor giants following global tech sector revaluations and foreign institutional capital outflows.
Financial regulators in Seoul convened emergency market stability meetings to monitor liquidity conditions and restore investor confidence.
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Sources:
https://timesofindia.indiatimes.com/business/india-business/gold-price-prediction-today-where-are-gold-rates-headed-on-july-28-2026-and-in-the-near-term-mcx-gold-silver-prices/articleshow/132677801.cms