An emergency was declared in the stock market on the afternoon of the 13th as SK Hynix (000660) plunged, triggering a Volatility Indication (VI) circuit breaker.

According to the Korea Exchange (KRX), a static VI was triggered for SK Hynix at 12:27:50 p.m. and lifted at 12:29:52 p.m.

As of 1:25 p.m., SK Hynix is trading at 1,891,000 won, down 289,000 won (13.26%) from the previous trading day. Having lost even the 1.90 million won level during the session, investment sentiment in the semiconductor sector has contracted significantly. This marks the first time in approximately two months, since June 11, that the stock price has fallen below the 2 million won level.

At the same time, the KOSPI also surrendered the 7,000 mark, recording 6,882.94, down 593 points (7.93%) from the previous trading day.

The market analysis indicates that, in tandem with the sharp index decline, selling pressure rapidly expanded centered on large-cap semiconductor stocks, amplifying overall volatility. Investors' risk aversion has surged dramatically.

Going forward, the possibility of a KOSPI rebound and changes in supply and demand from foreign and institutional investors are cited as key variables that will determine the direction of stock prices.

[This article is intended for informational purposes to convey market trends and does not constitute investment advice. Investment decisions and their consequences are the sole responsibility of the investor.]