Kosdaq Triggers Circuit Breaker for Second Consecutive Day, Falls Below 700 Mark

South Korea's Kosdaq index fell sharply on July 29, triggering circuit breakers for the second consecutive day in an unprecedented market rout. The index opened at 713.71, up 7.86 points (1.11%) from the previous close, but quickly reversed course amid heavy selling pressure. The Kosdaq subsequently fell below the 700 level as selling accelerated throughout the session.
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