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KOSPI plunged as much as 12.08% to the 5,260 level on the 29th, triggering a level-1 circuit breaker for a second straight day, before institutional buying worth roughly 2.6 trillion won pared the loss to 7.56% at 5,568 by early afternoon. A drawdown of this magnitude signals a forced-deleveraging or panic-liquidation event that typically spills into USD/KRW weakness, foreign outflows, and broader Asia risk sentiment, so the institutional bid is the main stabilizer preventing a level-2 halt. Watch whether the index holds 5,500 into the close and whether foreign investors flip from selling to buying, as another circuit-breaker trigger would re-escalate contagion risk across won assets and regional equities.
As a Market signal, watch whether it changes price action, volatility, or flows around KOSPI, KRW=X.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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