South Korean shares triggered a trading curb for the first time since 2020 due to a tech rout. The curb was put in place as a measure to prevent extreme market volatility. The drop in tech stocks caused concerns among investors, leading to the activation of the trading curb. This is the first time such a curb has been implemented in over a year, highlighting the impact of the recent tech sell-off on the South Korean market. The trading curb is designed to stabilize the market and prevent panic selling. Investors will be closely monitoring the situation to see how the market responds in the coming days.
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