Korea's capitulationThe KOSPI selloff overnight was hardly unexpected given Friday's semiconductor meltdown. The index sliced through the short-term trendline and closed well below the 21-day moving average, marking a clear deterioration in the technical picture.For now, the 50-day moving average remains intact and represents the next major support zone.
Other newsrooms on this story
· 9 sources
timesofindia.indiatimes.com·
South Korea's KOSPI crashes around 11%: Circuit breaker triggered, market sees worst session in 5 months
upi.com·
South Korea halts stock trading as Kospi plunges more than 8% - UPI.com
cryptobriefing.com·
South Korea's stock market drops 35% in July as semiconductor rout triggers circuit breakers
malaymail.com·
Kospi collapses 10pc as chip slump sparks region‑wide sell‑off across Seoul and Tokyo
South Korea calls emergency financial meeting as KOSPI suffers historic collapse
koreatimes.co.kr·
'Black Tuesday': Seoul stocks crash over 10% as chip rout deepens - The Korea Times
economictimes.indiatimes.com·
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?
taipeitimes.com·
Frustrations mount over KOSPI’s tumultuous path - Taipei Times
straitstimes.com·
South Korean stocks tumble a second day, sparking trading suspension
