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A South Korean exchange launched the trading halt mechanism for the seventh time this year

2026-07-13 06:17:57

Abstract generation in progress

Golden Finance reported that on July 13, Monday, amid renewed tensions in the Middle East, South Korea’s stock market fell sharply. The Korea Exchange immediately activated a circuit breaker mechanism for the benchmark Korea Composite Stock Price Index (KOSPI). Trading in KOSPI index constituent stocks was paused for 20 minutes. At around 1:28 p.m. local time (12:28 Beijing time) that day, with the KOSPI index down more than 8% from the previous trading day’s close, the Korea Exchange triggered an all-market circuit breaker. Earlier, the United States and Iran sparked a new round of clashes over the situation in the Strait of Hormuz, leading investors to adopt a cautious stance; as a result, the benchmark index faced heavy selling pressure. This was the seventh time the Korea Exchange has triggered a circuit breaker this year. (Jin Ten)

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