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koreanstocks
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🚨 PANIC IN SOUTH KOREA
KOSPI touched 8,000… then instantly erased 8.5%.
₩509 TRILLION ($370B) wiped out in just 6 hours.
Samsung crashed 8.61% and since it makes up 42% of the index, the entire market got dragged down with it.
One thing about markets: when fear starts spreading, liquidity disappears fast.
$005930
#KoreanStocks #Samsung
KOSPI touched 8,000… then instantly erased 8.5%.
₩509 TRILLION ($370B) wiped out in just 6 hours.
Samsung crashed 8.61% and since it makes up 42% of the index, the entire market got dragged down with it.
One thing about markets: when fear starts spreading, liquidity disappears fast.
$005930
#KoreanStocks #Samsung
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