South Korea's KOSPI index dropped 8.8%, triggering a trading halt

More stocks listed on the benchmark Korea Composite Stock Price Index (Kospi) have declined than advanced in recent weeks despite the market rally, the bourse operator said Sunday.

The South Korean benchmark Kospi plunged more than 8 percent Monday, mirroring a rout in US semiconductor stocks on Wall Street, which triggered a circuit break

South Korea's KOSPI index plummeted nearly 9% on Monday, triggering circuit breakers, as strong U.S. jobs data fueled expectations of Federal Reserve rate hikes. Tech giants…