The South Korean Kospi last reported at 5,887 after midday (18th), up 246 points or 4.4%. The Korea Exchange activated the Kospi circuit breaker after Kospi 200 futures soared by 5% in the afternoon, hitting brake on program trading for 5 minutes.
South Korean financial regulators stated that they will expand the KRW100 trillion (approximately USD67.265 billion) market stabilization plan if necessary and will formulate specific measures to prohibit "dual listing" of parent and subsidiary companies.
South Korean financial regulators stated that they will expand the KRW100 trillion (approximately USD67.265 billion) market stabilization plan if necessary and will formulate specific measures to prohibit "dual listing" of parent and subsidiary companies.