South Korean Stock Market Triggers Circuit Breaker for Second Consecutive Day Due to Sharp Decline

K-LinePoet · 2026-03-22T09:43:03+00:00

As attacks by the United States and Israel on Iran escalated, South Korea's stock market fell sharply on the 4th, with the composite index futures plummeting over 5% and triggering the circuit breaker mechanism, while the Korean won also depreciated significantly against the US dollar.

K-LinePoet

2026-03-22 09:43:03

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According to the Central News Agency, on March 4 local time, as the United States and Israel launched consecutive attacks on Iran, the conflict spread to other Middle Eastern countries. The Korea Composite Stock Price Index (KOSPI) futures 200 index plummeted over 5% after opening, triggering the circuit breaker. On that day, the KOSPI opened at 5,592.59 points, down 199.32 points from the previous trading day, and immediately declined throughout the day. Just six minutes after opening, the KOSPI 200 futures index dropped over 5%, activating the circuit breaker; this was the second consecutive day the KOSPI triggered the circuit breaker due to a sharp decline, resulting in a 5-minute trading halt. By 9:38 AM local time, the KOSPI had fallen 306.09 points, or 5.28%, to 5,485.82 points. The KOSDAQ index also declined by 59.45 points, or 5.23%, to 1,078.25 points compared to the previous day. On the same day, in Seoul’s foreign exchange market, the Korean won sharply depreciated by 12.9 against the US dollar, opening at 1,479 won per dollar. (CCTV News)

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