Money and business

South Korea temporarily suspends trading after sharp losses in Asian stocks


Retracted Main indices in South Korea rose sharply on Monday, leading broader declines in Asian stock markets, as investors evaluated special data on Chinese factory activity in January.

The index fell. "Cosby" By more than 4%, while Kospi 200 futures fell by up to 5%, prompting regulators to temporarily suspend trading, according to an official statement.

Shares of my company fell. "SK Hynix" and"Samsung Electronics"two of the leading companies in the index, by 6.66% and 5.55%, respectively.

At the level of other Asian markets, the Japanese Nikkei index rose by 0.13%, while the Topix index rose by 0.52%.

The Hang Seng Index in Hong Kong fell by 1.64%, while the CSI 300 index in mainland China fell by 0.68%, and the Standard Index fell by 0.68%. The Australian & Poor’s/ASX 200 fell by 1%.

Linked futures contracts fell With major US indices during the first hours of trading in Asia as Wall Street begins a new month of trading, as traders watch Prices of metalsand digital currencies after heavy selling over the weekend.

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