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Off-topic for aiqbench

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South Korean Stock Market Triggers Circuit Breaker for 11th Time This Year

36Kr1 min read

The South Korea Composite Stock Price Index (KOSPI) plummeted more than 8% today, November 6, triggering a circuit breaker that suspended trading for 20 minutes. This marks the 11th time this year that South Korea's securities market has activated its circuit breaker mechanism. Following the resumption of trading, the market also triggered a temporary halt on programmatic sell orders. Having fallen below the 5,000-point mark again since February 6, analysts attribute the decline to concerns over regulatory risks for artificial intelligence data center projects amid Democratic Party victories in U.S. midterm elections, which led to a broad sell-off in U.S. technology stocks and subsequently impacted the KOSPI. (CCTV International News)

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