KOSPI Falls 1.2% Back Below 6,000 Mark... Samsung Electronics Plunges Over 4%

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

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

The index opened 4.78 points, or 0.08%, higher at 6,017.22 and showed gains of over 1% in early trading.

However, as Samsung Electronics began to plunge following the announcement of its detailed third-quarter earnings, the KOSPI shifted to a downward trend, at one point dropping as much as 3.24% to 5,817.92.

Meanwhile, the tech-heavy KOSDAQ closed 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.