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KOSPI Plummets 4.6% to Close in 6,200 Range... Reversing to Decline After Three Days


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▲ The closing prices of the KOSPI and other market indicators are displayed on an electronic board in the dealing room of Hana Bank in Jung-gu, Seoul, on the afternoon of the 6th.

The KOSPI plunged by over 4% today (the 6th), falling back into the 6,200 range.

On this day, the KOSPI finished the session down 301.88 points, or 4.58%, at 6,296.38.

The previous day, the KOSPI had risen 3.76% to extend its winning streak for a second consecutive day, but turned downward after three days.

The KOSPI started the session down 119.51 points, or 1.81%, at 6,478.75 and widened its losses.

During the intraday trading, it tumbled by over 5% at one point, dropping as low as 6,238.32.

Amid the sharp market plunge, a KOSPI sell sidecar was triggered during the morning session.

On the other hand, the KOSDAQ index finished up 2.08 points, or 0.26%, at 801.67, extending its winning streak to five consecutive trading days.

(Photo: Yonhap News)

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Jeong Seong-jin View More Articles
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