India, July 29 -- This morning, the KOSPI and KOSDAQ indices fell by around 8% for the second consecutive day. The incident triggered alarm and panicked investors as the Korea Stock Exchange halted cash trading for around 20 minutes. Stocks of SK Hynix and Samsung also plunged.

KOSDAQ and KOSPI Indices Fall Simultaneously For Second Consecutive Session

This morning, there was an unprecedented crash in the stock market of South Korea. The country's main indices KOSDAQ and KOSPI reported jaw dropping falls of close to 8%. This led to a 2o minute cash trading suspension for the second consecutive day and increased skepticism among investors with regards to AI related stocks.

KOSPI, which is the country's benchmark index, plunged below the...