Nikkei 225 Collapses 839 Points (5.34%), Korea Suspends Kosdaq After 8.2% Plunge ..
- Nikkei 225 plunged 5.34% despite rumoured BOJ intervention in the currency market to support the USDJPY. The currency pair rose momentarily to 113.xx before settling lower at 112.xx. Korea has now suspended their junior Kosdaq exchange when it plunged 8.2%. Hang Seng is surprisingly stable, dropping only 1.0%.
– - South Korea Kosdaq trading halted after index falls 8.2% – Bloomberg
Trading in South Korea’s Kosdaq exchange for smaller stocks was halted for 20 minutes after the benchmark gauge plunged more than 8 percent.
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