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As the New York stock market slumped for the second day, a 'circuit breaker' was triggered, in which stock trading was suspended. Today (13th), our stock market seems to have a small impact.

This is Han Se-hyun.

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In the aftermath of Corona 19, the New York Stock Exchange plunged shortly after its opening, triggering a circuit breaker where stock trading was suspended. Stock trading was suspended three days after the 9th.

The New York stock market opened 6% at 9:30 am local time, and then fell to 7% in 5 minutes. If it plunges more than 7%, stock trading is suspended for 15 minutes to alleviate the shock.

The New York Stock Exchange fell 5.86 percent yesterday when the World Health Organization declared the global trend of Corona 19.

The shock continued in the domestic stock market.

Foreign investors sold nearly 900 billion won in the securities market. Since the first corona 19 confirmed in Korea in late January, the net sales of foreigners have already exceeded 10 trillion won.

[Nayeye / Korea Investment & Securities Research Institute: Corona 19 is the dominant opinion that the pace of economic recovery will be very delayed, and you should see that the risk avoidance is a bit extreme.]

The Brookings Research Institute in the United States predicted that if Corona 19 became the Spanish flu in the 1910s, 10% of the world's gross domestic product and GDP could decrease.

The International Financial Association also predicted that the world growth rate will remain at 1% this year.

The economic community expressed its opinion that it should prepare for the global financial crisis by mobilizing all means such as lowering the interest rate and cutting interest rates.