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via finance.yahoo.comMarkets

KOSPI halts trade after 8% wipeout on AI losses

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- South Korea's KOSPI stock index plummeted 8% at the open on Friday, triggering a 20 minute trading halt as markets grappled with a prolonged, deepening rout in artificial intelligence stocks. Still guessing which stocks will beat the market? Our AI portfolio…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe sell-off in Korea's main index and chip stocks is a market-moving event.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01KOSPI opened down 8.55% at 4,923.47 points.
  2. 02A 20-minute trading halt was triggered.
  3. 03The index is down nearly 48% from its June record high.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
005930005930Stock—n/aNegative KOSPIINDEX:KS11Index5,168.79+3.20%today -3.99%Negative SOXSOXIndex—n/aNegative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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