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A major traditional harvest festival celebrated in South Korea, known as Chuseok, which results in a multi-day public holiday. During this period, the Korea Exchange (KRX) and government offices are closed, leading to a significant drop in regional trading volumes. It is one of the most important holidays in the country, focusing on family gatherings and ancestral rituals.
The date is determined by the lunar calendar, falling on the 15th day of the 8th month of the lunar year.
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