KOSPI Falls Below 1500 During Trading...1497.50 (Update)
[Asia Economy Reporter Oh Ju-yeon] On the 19th, the KOSPI fell below the 1500 mark during the trading session. The KOSPI, which started the day at 1686.12, widened its losses as time passed and plummeted more than 5%. The KOSDAQ index also plunged over 5%, breaking below the 460 level.
As of 11:14 a.m. that day, the KOSPI recorded 1503.44, down 5.54% from the previous trading day. During the session, it fell to as low as 1497.50, with a loss of 5.89%.
This is the first time since July 2009 that the KOSPI has dropped below the 1500 level.
Amid the crash, the majority of the top market capitalization stocks fell sharply.
Samsung Electronics recorded 43,700 KRW, down 4.17% from the previous day, and SK Hynix fell 5.75% to 68,900 KRW.
Due to Tesla's stock price decline, domestic secondary battery stocks also plunged, with LG Chem dropping 10.18% and Samsung SDI falling 10.84%.
The KOSDAQ index recorded 463.54, down 4.44% from the previous day. During the morning session, it fell 5.59%, dropping below the 460 level.
Despite this, individual investors continued their net buying trend.
Hot Picks Today
Taking Annual Leave and Adding "Strike" to Profiles, "It Feels Like Samsung Has Collapsed"... Unsettled Internal Atmosphere
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "One Comment Could Lead to a Report": 86% of Elementary Teachers Feel Anxious; Half Consider Resignation or Career Change
- "After Vowing to Become No. 1 Globally, Sudden Policy Brake Puts Companies’ Massive Investments at Risk"
- On Teacher's Day, a Student's Gifted Cake Had to Be Cut into 32 Pieces... Why?
In the KOSPI market, individuals bought stocks worth 143.3 billion KRW, foreigners sold stocks worth 337 billion KRW, and institutions made net purchases worth 166.4 billion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
