KOSPI Falls 1.2% Back Below 6,000; Samsung Electronics Plummets Over 4%

The KOSPI fell over 1% today (October 29), giving up the 6,000 threshold just a day after reclaiming it.

The KOSPI closed down 74.78 points, or 1.24%, at 5,937.66 compared to the previous trading session.

The index started the day up 4.78 points, or 0.08%, at 6,017.22, showing gains of over 1% in early trading.

As Samsung Electronics began to plunge following the announcement of its detailed third-quarter earnings, the KOSPI turned downward, dropping at one point by 3.24% to 5,817.92.

The KOSDAQ index finished the session down 18.05 points, or 2.34%, at 753.23.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.