▲ The KOSPI and SK Hynix stock prices are displayed at the dealing room of the Hana Bank headquarters in Jung-gu, Seoul, on July 13, as SK Hynix enters the Nasdaq through an American Depositary Receipt (ADR) listing.
The KOSPI plunged more than 6% during trading today (July 13), falling below the 7,000 mark for the first time in about two months.
As of 12:12 p.m. today, the KOSPI stood at 6,978.89, down 497.05 points (6.65%) from the previous trading session.
This marks the first time the KOSPI has fallen below the 7,000 level in about two months, since it first surpassed the 7,000 mark on May 6.
The index, which had previously broken through the 9,000 mark, has now retreated below 7,000.
The index opened at 7,412.03, down 63.91 points (0.85%), and after fluctuating, it turned downward and has been expanding its losses.
Due to the sharp decline, a sidecar for the KOSPI was triggered early in the session.
The index continued to expand its losses, at one point sliding to 6,960.36.
Foreigners and institutions are net selling 1.3983 trillion won and 519 billion won, respectively, while individuals are net buying 1.8574 trillion won.
The two semiconductor giants are dragging down the index with sharp declines.
Currently, Samsung Electronics (-7.72%) has plummeted to the 260,000 won range, and SK Hynix (-12.39%) has also plunged, falling below the 2 million won mark.
At the same time, the KOSDAQ index is at 812.81, down 24.62 points (2.94%) from the previous session.
(Photo: Yonhap News)
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