The KOSPI index closed at the 8,200 level after a sharp decline of nearly 10%.

Today (June 23), the KOSPI closed at 8,203.84, down 910.71 points (9.99%) from the previous trading session.

The index opened at 9,083.54, down 31.01 points (0.34%) from the previous close. After a brief attempt at a rebound, it turned downward and followed a steep, continuous decline.

As a result, a sell-side sidecar was triggered around 11:40 a.m.

In the afternoon, the decline widened further, leading to the activation of a circuit breaker at approximately 2:33 p.m., which halted trading for 20 minutes.

Foreign investors offloaded 5.7925 trillion won in a "panic sell" on the main bourse.

This figure is the combined total from the Korea Exchange (KRX) and Nextrade (NXT).

On the other hand, individual investors net purchased 11.1124 trillion won.

This marks the largest net purchase amount in history.

The KOSDAQ index closed at 891.52, down 76.88 points (7.94%) from the previous session, falling below the 900-point threshold.

Following a sharp drop after the market opened, a sell-side sidecar was also triggered in the KOSDAQ market at approximately 9:06 a.m.

(Photo: Yonhap News)