🇰🇷 South Korean stock market just crashed another 8.10% today, wiping out nearly ₩386 trillion ($260B) in market cap. KOSPI is now down -14% in the last 48 hours, erasing ₩793 trillion ($510B). KOSPI and KOSDAQ index completely erased 2 weeks of gains in just 2 days triggering massive liquidations across the board. We warned about this a few days ago.
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🚨HUGE CRASH IN KOREAN MARKETS
🇰🇷 South Korean stock market just crashed another 8.10% today, wiping out nearly ₩386 trillion ($260B) in market cap.
KOSPI is now down -14% in the last 48 hours, erasing ₩793 trillion ($510B).
KOSPI and KOSDAQ index completely erased 2 weeks of gains in just 2 days triggering massive liquidations across the board.
We warned about this a few days ago.