The South Korean stock market fell sharply, and the Korean stock exchange triggered the circuit breaker mechanism for the seventh time this year

Affected by the situation in the Middle East, the South Korean stock market fell sharply, and the South Korean stock exchange activated a circuit breaker mechanism for the KOSPI index. Trading of KOSPI index constituent stocks was suspended for 20 minutes. At 1:28 pm that afternoon (UTC+8), due to the KOSPI index falling more than 8% from the previous trading day's closing price, the Korean exchange triggered a market wide circuit breaker mechanism. The United States and Iran have engaged in a firefight over the situation in the Strait of Hormuz, and South Korean exchanges have activated circuit breakers for the seventh time this year.