Wednesday, November 10, 2010

South Korea's Kospi Index Flash Crashed

2.7% in the last minute of trading. No, not the algo bots who have caused over 500 flash crashes this year in the US stock market.

According to Bloomberg, it's because "President Barack Obama and his South Korean counterpart Lee Myung Bak failed to reach agreement on a free-trade accord."

The Kospi Index chart from Bloomberg:


(h/t solochristos)

2 comments:

arevamirpal::laprimavera said...

Thanks for visiting. I took a peek at your blog. Good luck with your study, avoid junk food, get up early...

Anonymous said...

Haha.... what does Bloomberg know?

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