What goes up must come down

The Kospi and Kosdaq each fell more than 7 percent on Oct. 15 after circuit breakers were triggered during trading.

A screen in the trading room at Woori Bank’s headquarters in Jung District, central Seoul, shows the closing prices of Samsung Electronics and SK hynix and the closing value of the Kospi on Oct 15.

A screen in the trading room at Woori Bank’s headquarters in Jung District, central Seoul, shows the closing prices of Samsung Electronics and SK hynix and the closing value of the Kospi on Oct 15.

Circuit breakers were triggered in succession on the Kospi and Kosdaq as both indexes fell more than 8 percent during trading. The Kospi closed at 5,554.22, down 454.59 points, or 7.57 percent, from the previous session. The Kosdaq ended at 760.82, down 63.06 points, or 7.65 percent.