South Korean stock market triggers a "double circuit breaker," with KOSPI and KOSDAQ falling more than 5% during intraday trading.
On November 5, South Korea's KOSPI and KOSDAQ both triggered market stabilization mechanisms on the same day, falling 5.5% and 5.11% intraday respectively. The market attributed the decline to concerns about tighter regulation of AI data centers following the U.S. midterm elections.