[Asia Economy Reporter Park Jihwan] On the 18th afternoon, the KOSPI index showed a sharp decline, falling over 4% during the session and barely holding the 1600 level.


As of 3:22 PM, the KOSPI stood at 1601.41, down 71.03 points (4.25%) from the previous trading day.


The KOSPI opened at 1686.12, up 13.68 points (0.82%) from the previous day, rose briefly during the session, but then turned downward, with losses widening in the afternoon.



The KOSDAQ market also recorded a decline, down 23.89 points (4.64%) to 490.84.


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