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KOSPI Plummets Over 5% to Close in 6,200 Range; KSDQ Up 2.4%


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▲ An employee works at the dealing room of Hana Bank in Jung-gu, Seoul, on the 3rd, when a buy sidecar was triggered following a surge in the KOSDAQ.

The KOSPI, which recorded an all-time record surge the previous trading day, plunged by more than 5% to fall back into the 6,200 range.

Today, the KOSPI closed down 338.00 points (5.12%) from the previous session at 6,257.45.

The index started the session down 237.18 points (3.60%) at 6,358.27, expanded its losses, and dropped as low as 6,223.29 during intra-day trading.

It subsequently closed with its losses slightly narrowed.

Previously, on the last trading day, the KOSPI rebounded from a three-day slump to close up 1,001.89 points (17.91%) at 6,595.45, marking its largest gain and percentage increase on record.

However, it turned downward today, just one trading session later.

Meanwhile, the KOSDAQ index finished up 17.59 points (2.44%) at 737.35.

This marks a second consecutive day of gains, following a surge of over 11% in the previous trading session.

(Photo: Yonhap News)

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Min Gyeongho View More Articles
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