[Edaily Reporter Kim Kyung-eun] On the 8th, the KOSPI recovered a significant portion of its losses following the lifting of the circuit breaker (CB, temporary suspension of trading), narrowing its decline to the 5% range. The index, which had plummeted by over 8% shortly after the market opened to as low as 7,442, is rapidly recovering thanks to bargain-hunting.

According to MP Doctor, as of 9:37 a.m., the KOSPI is trading at 7,753.46, down 407.13 points (4.99%) from the previous trading day. It has recovered more than 300 points from its intraday low (7,442.73). The KOSDAQ also narrowed its losses somewhat, falling 53.77 points (5.36%) to 948.67.
The KOSPI exhibited extreme volatility today, plunging by more than 8% shortly after the market opened, triggering a circuit breaker that was lifted just 20 minutes later, after which it quickly recovered its losses. The intraday range was significant, with the difference between the intraday high (8,048.09) and low (7,442.73) exceeding 605 points. The KOSDAQ also saw a gap of 35 points between its intraday high (959.61) and low (924.53).
In the KOSPI market, institutions led the index rebound with net purchases of 292.7 billion won. Retail investors also joined in, buying 115.7 billion won worth of shares. In contrast, foreign investors continued to take profits, net selling 410.4 billion won. On the KOSDAQ, foreign investors (+50.5 billion won) and institutions (+7.9 billion won) turned to net buying, while retail investors net sold 23 billion won.
#SamsungElectronics, which had fallen as low as 292,500 won early in the session, recovered to the 300,000 won level, trading at 310,000 won, down 19,000 won (5.78%). #SKHynix is also trading at 1,985,000 won, down 85,000 won (4.11%) from its intraday low. In addition, #SK Square (-5.17%), #Samsung Electronics Preferred (-4.50%), #Samsung Life Insurance (-5.82%), #Samsung C&T (-6.84%), #Hyundai Motor (-6.86%), #Samsung Electro-Mechanics (-3.36%), #LG Energy Solution (-2.66%), and #HD Hyundai Heavy Industries (-2.71%)—all of the top market cap stocks—continue to trend downward.
The KOSDAQ market is also seeing continued declines. #Alteogen (-7.67%), #Ecopro BM (-7.11%), #Ecopro (-7.76%), #Rainbow Robotics (-4.79%), #Juseong Engineering (-5.76%), #Kolon TissueGene (-6.35%), #Rino Industrial (-4.68%), #Samchundang Pharmaceutical (-6.16%), and #Wonik IPS (-8.21%) are all down.
Earlier, at 9:03 a.m. today, the KOSPI plunged more than 8% from the previous day’s closing price for over a minute, triggering the ninth Level 1 circuit breaker in history. At the same time, a sell-side circuit breaker was triggered on the KOSDAQ, suspending the effectiveness of sell orders in program trading for five minutes.