Kospi South Korean stocks plummet 8.77%, the biggest drop ever, triggering the first circuit breaker in four years.

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0001Bird ★.Aug. 5, 2024 (Mon) 17:43:37.71ID:lBTdd7qs
[Yonhap News, Seoul] The Korean Composite Stock Price Index (KOSPI) fell sharply on the South Korean stock market on Monday, the 5th. The closing price was 2,441.55, down 234.64 points (8.77%) from the previous trading day, the largest one-day decline ever. The KOSPI opened at 2,611.30, down 64.89 points (2.42%) from the previous trading day, and then at around 11:00 a.m., KOSP futures fell more than 5%, triggering a “sidecar” that suspends sell orders for five minutes. At around 2:14 p.m., the decline exceeded 8%, causing market turmoil and triggering the activation of a “circuit breaker” that halted trading for 20 minutes. The KOSDAQ index, a stock market for emerging companies, closed down 88.05 points (11.3 percent) at 691.28. The sidecar on the Kosdaq was also activated at around 1:05 p.m., and the circuit breaker was activated at around 1:56 p.m. This is the first time a circuit breaker has been activated in South Korea’s stock market in four years and five months since March 19, 2020. Yonhap News 2024.08.05 16:23
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Kospi South Korean stocks plummet 8.77%, the biggest drop ever, triggering the first circuit breaker in four years.-0

韓国総合株価指数が8.77%安 終値で過去最大の下げ幅 | 聯合ニュース
【ソウル聯合ニュース】週明け5日の韓国株式市場で、総合株価指数(KOSPI)は急落した。終値は前営業日比234.64ポイント(8.77%)安の2441.55で、1日の下落幅としては...
韓国株5日 大幅続落、証取が一時売買停止 サムスン1割安 - 日本経済新聞
【NQN香港=須永太一朗】5日の韓国株式市場で総合株価指数(KOSPI)は大幅に続落した。終値は前週末比234.64ポイント(8.76%)安の2441.55だった。米景気の先行き不安によるリスク回避目的の売りが朝方から目立ち、指数は終日軟調...
https://lavender.5ch.net/test/read.cgi/news4plus/1722830002/
0026<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:53:53.26ID:sig3skcd
>>1
There’s probably no one in the world who would buy Korean stocks.
Even if there were, it would only be family members.
0002<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:44:18.70ID:6sN1VAOB(1/18)
Is Intel in it?
0003<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:44:53.21ID:2OZKXAeR
The Nikkei average has fallen 12.4% lol.
0004<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:45:38.93ID:V5h7tfpV(1/27)
>>3
If South Korea hadn’t imposed trade restrictions, it would have fallen by that much.
0008<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:48:40.85ID:+IYF1I1w(2/4)
>>3
The yen has strengthened, so if you look at it in your favorite dollar terms, it won’t be that different.
0005<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:46:39.66ID:+IYF1I1w(1/4)
One would think that the currency would rise to compensate for the fall in stock prices, but it seems that the won’s weakness has not been resolved that much…
0010<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:49:21.43ID:V5h7tfpV(2/27)
>>5
There’s no way the won, which is a regional currency, will go like the yen, which is a key currency.
0011Agency for Overseas Koreans: “Kawamoto! Come to the Korean Embassy!” ◆kmywzv1k6i.Aug. 5, 2024 (Mon) 17:49:27.16ID:lCBjMz+B(1/14)
South Korea’s dollar value fell by more than 5%, while Japan’s was unchanged.
0012mr. Maduse (exclusionist) ◆50bmg/xm5int.Aug. 5, 2024 (Mon) 17:49:30.39ID:gVBrHPbe(1/8)
By the way…
What’s the most important reason?
Oh, Japanese stocks have been really high up until now so it’s fine lol.
0016<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:50:41.13ID:9KPC2+iq(1/35)
>>12
Well, it was a bit too expensive.
0022<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:53:02.71ID:V5h7tfpV(3/27)
>>12
If an economic colony like South Korea collapses, it will plummet. Normally, they would withdraw funds from South Korea.
0014mr. Maduse (exclusionist) ◆50bmg/xm5int.Aug. 5, 2024 (Mon) 17:50:15.02ID:gVBrHPbe(2/8)
Japan has remained almost unchanged in dollar terms…
0021Agency for Overseas Koreans: “Kawamoto! Come to the Korean Embassy!” ◆kmywzv1k6i.Aug. 5, 2024 (Mon) 17:52:32.62ID:lCBjMz+B(3/14)
>>14
When a currency rises, stock prices usually fall.
South Korea is triple down.
0027<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:53:53.33ID:eXzpLRPI(2/22)
>>14
It’s also common to look at it in dollars and look for divergences.
0017mr. Maduse (exclusionist) ◆50bmg/xm5int.Aug. 5, 2024 (Mon) 17:51:44.32ID:gVBrHPbe(3/8)
>>16
If stock prices are too high, it seems to discourage new investment.
0020<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:52:25.24ID:eXzpLRPI(1/22)
>>17
Everyone’s waiting for it to fall.
0018<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:52:07.74ID:eHgbcGWC(1/12)
Korea is triple cheap.
0025Agency for Overseas Koreans: “Kawamoto! Come to the Korean Embassy!” ◆kmywzv1k6i.Aug. 5, 2024 (Mon) 17:53:44.35ID:lCBjMz+B(4/14)
>>18
The minimum wage hike has further cooled things
I wonder if the Koreans who borrowed money to invest in stocks are still breathing.
0019<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:52:11.73ID:1qeyJzvx(2/35)
Stupid right-winger suddenly started talking about dollar-based lol
Are right-wingers buying things like Shinkin Bank and NISA with dollars?
0028<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:54:09.70ID:V5h7tfpV(4/27)
>>19
It’s just that the outflow of capital from economic colonies like South Korea has accelerated.
0032<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:55:05.36ID:qZp/mx4L(1/16)
The Nikkei was a burnt wasteland today. It’s been a while since I lost 7 million in one day. This is pretty shocking considering the positive aspects as well. >>19
I bought voo in one lump sum at the beginning of the year.
0029<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:54:33.24ID:OEAQTqsv
Netuyo, look at the reality. Japan is even worse lol.
0033<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:55:16.30ID:9KPC2+iq(3/35)
>>29
Then Koreans living in Japan have to flee.
0037<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:55:59.09ID:V5h7tfpV(5/27)
>>29
Can’t this shitty Korean monkey see the reality of falling stock prices and a weak won? 😁
Actually, it’s rude to the monkeys. 😓
0030<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:54:43.36ID:OWACncWC
Calculate it in dollars.
0034mr. Maduse (exclusionist) ◆50bmg/xm5int.Aug. 5, 2024 (Mon) 17:55:18.66ID:gVBrHPbe(5/8)
Dinner is…
Today I’m going to make okonomiyaki
I bought some okonomiyaki flour and octopus
I think it would taste even better if I used octopus instead of squid.
0042<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:57:13.68ID:XPJaOPAc(1/70)
>>34
It’s a flat takoyaki lol.
0045<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:57:46.34ID:+o8qt24s(2/11)
>>34
If you fail, it becomes monjayaki.
0038Agency for Overseas Koreans: “Kawamoto! Come to the Korean Embassy!” ◆kmywzv1k6i.Aug. 5, 2024 (Mon) 17:56:33.35ID:lCBjMz+B(5/14)
I wonder if the guy who said dollar deposits is still alive?
0043<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:57:20.23ID:eXzpLRPI(3/22)
>>38
It survived the Democratic Party era from 125 yen.
0039<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:56:52.50ID:6sN1VAOB(3/18)
[jpy/krw] “100 yen = 963.20” The Korean won has fallen sharply against the yen, hitting its lowest level since May of last year [8/5] [Bird★]
Yes.

http://lavender.5ch.net/test/read.cgi/news4plus/1722848068/
0053<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 17:59:55.62ID:eHgbcGWC(3/12)
It seems to have an effect similar to a body blow.
0058<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 18:01:18.65ID:qZp/mx4L(4/16)
Even though Japan has raised interest rates, Korea still has higher interest rates…
The won must be a really weak currency.
0081<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 18:05:31.57ID:Iac2jJyj(1/5)
>>58
An expert said before that the won is just the right amount for vultures to make a little money lol
It’s not big enough to attract attention from the market, but the Korean government steps in and intervenes, so it’s profitable.
0059<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 18:01:30.91ID:6sN1VAOB(4/18)
I wonder if Koreans who have saved yen will sell their yen at this time?
0068<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 18:03:13.66ID:SoJk5SMP(2/14)
>>60
Jap stocks are out of paper lol
My meager Jap retirement savings are dwindling lol.
0076<丶`∀´>(´・ω・`)(`Ha´ )san.Aug. 5, 2024 (Mon) 18:04:50.52ID:XPJaOPAc(4/70)
Don’t worry, Koreans can just borrow money again and buy stocks lol.
Reference: https://lavender.5ch.net/test/read.cgi/news4plus/1722847417

Other languages: 【KOSPI】韓国株、急落8.77%安過去最大の下げ幅4年ぶりサーキットブレーカー発動

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