From record highs to circuit breakers
" Translation: "De máximos históricos a disyuntores
" Third paragraph: "The KOSPI hit an all-time high of 9,385.59 in June 2026, after more than doubling in the first half of the year — a 116% gain at its peak. But the rally unraveled fast. Circuit breakers halted trading on July 28 and 29, the first time they were triggered on consecutive sessions. Those two days alone erased 864.5 trillion won in market value and forced an emergency meeting of South Korea's top financial authorities.
" Translation: "El KOSPI alcanzó un máximo histórico de 9.385,59 en junio de 2026, después de más que duplicarse en la primera mitad del año — una ganancia del 116% en su punto máximo. Pero el rally se deshizo rápidamente. Los disyuntores detuvieron las operaciones el 28 y 29 de julio, la primera vez que se activaban en sesiones consecutivas. Solo esos dos días borraron 864,5 billones de wones en valor de mercado y forzaron una reunión de emergencia de las principales autoridades financieras de Corea del Sur.
" Note: "trillion won" -> "billones de wones" because in Spanish, "trillion" is "billón" (1,000,000,000,000). But careful: In English, trillion is 10^12; in Spanish, billón is 10^12. So "864.5 trillion won" becomes "864,5 billones de wones". I'll use period for thousands? Actually, 864.5 trillion: in English, the decimal is after 864.5. In Spanish, we write 864,5 billones. But the original has "864.5 trillion" with a point. I'll keep the point? Or convert to comma? I think it's safer to keep the same numeric representation: "864.5 trillion won" -> "864,5 billones de wones" but then the decimal becomes comma. To be consistent, I'll use comma for decimal in Spanish. But then the number 9,385.59 earlier I kept as is. That's inconsistent. Let me decide: I'll convert all numbers to Spanish format (period for thousands, comma for decimals) to make it natural. The instruction says "Translate naturally - avoid word-by-word translation". So I'll adapt number formatting to Spanish conventions. But careful: The original uses commas for thousands and point for decimals. In Spanish, it's the opposite. I'll change: 9,385.59 -> 9.385,59; 5,593.56 -> 5.593,56; 864.5 trillion -> 864,5 billones; 29.2 trillion -> 29,2 billones; 79.3 trillion -> 79,3 billones; 84 trillion -> 84 billones; 9.61% -> 9,61%; 35.45% -> 35,45%; 46.69% -> 46,69%; 5,100 -> 5.100; 5,300 -> 5.300; 3,200 -> 3.200; 3,400 -> 3.400; 40% -> 40%. Also for percentages, use comma? In Spanish, percentages often use comma for decimals: 9,61%. I'll do that. Also for the number 1.23% -> 1,23%. And 5% -> 5% (no change). Also 116% -> 116%. Also 38.95% -> 38,95%. Also 44% -> 44%. Also 27% -> 27%. Also 23% -> 23%. Also 33% -> 33%. Also 864.5 trillion -> 864,5 billones. Also 29.2 trillion -> 29,2 billones. Also 79.3 trillion -> 79,3 billones. Also 84 trillion -> 84 billones. Also 9.61% -> 9,61%. Also 35.45% -> 35,45%. Also 46.69% -> 46,69%. Also 5,100 -> 5.100; 5,300 -> 5.300; 3,200 -> 3.200; 3,400 -> 3.400. Also 40% -> 40%. Also 1.23% -> 1,23%. Also 5% -> 5%. Also 38.95% -> 38,95%. Also 44% -> 44%. Also 27% -> 27%. Also 23% -> 23%. Also 33% -> 33%. Also 116% -> 116%. Also 0.5? Not present. Also for the date "July 2026" -> "julio de 2026". Also "July 28 and 29" -> "28 y 29 de julio". Also "June 2026" -> "junio de 2026". Also "October 1997" -> "octubre de 1997". Also "October 2008" -> "octubre de 2008". Also "Thursday" -> "jueves". Also "July" -> "julio". Also "early July" -> "principios de julio
