A Level 1 circuit breaker (CB) was triggered for the KOSPI (Korea Securities Dealers Automated Quotations) as the domestic stock market plunged.

According to the Korea Exchange on the 7th, it announced a 20-minute suspension of trading on the securities market after the KOSPI index remained down more than 8% from the previous day's closing price for one minute as of 1:51:33 p.m. on the same day.

At the time of the announcement, the KOSPI index stood at 7,401.56, down 649.77 points (-8.07%) from the previous day's close of 8,051.33. With this measure, trading in the KOSPI market will be temporarily suspended for 20 minutes.

If the downward trend continues after the market resumes, additional measures will be implemented in stages. If the KOSPI falls more than 15% from the previous day's close and remains more than 1% below the Level 1 trigger index for one minute, a Level 2 circuit breaker will be triggered, halting trading again for 20 minutes.

Subsequently, if after the Level 2 trigger the index falls more than 20% from the previous day's close and remains more than 1% below the Level 2 trigger index for one minute, a Level 3 circuit breaker will be triggered, and all trading on the securities market for the day will be completely terminated.

This trading suspension measure is in accordance with Article 25 of the Securities Market Business Regulations and Article 39 of the Enforcement Rules of the same regulations.