KOSDAQ Index Plunges 10% Intraday... 432.99

[Asia Economy Reporter Oh Ju-yeon] On the 19th, the KOSDAQ index plummeted more than 10% intraday. Following the KOSPI index's sharp 8% drop, the KOSDAQ index fell to an unprecedented level.

As of 2:32 PM that day, the KOSDAQ index recorded 432.99, down 10.63% compared to the previous trading day.

Among the top market capitalization stocks, most stocks such as Celltrion Healthcare (-7.74%), HL Biopharma (-4.93%), Pearl Abyss (-5.41%), and Studio Dragon (-9.09%) sharply declined.

KMV rose 3.42% compared to the previous trading day.

The KOSPI also plunged 9.54% intraday, falling to 1439.43.

Seo Sang-young, a researcher at Kiwoom Securities, analyzed, "The domestic stock market started higher supported by the ECB's announcement of liquidity supply, especially the purchase of Greek government bonds, but showed weakness as selling pressure continued due to uncertainties about the global economy."

Researcher Seo said, "Fear spread as the index fell below 1500 for the first time since 2009," adding, "Ultimately, the fear sentiment will stop only when this situation eases, factories resume operation, or news of treatment development is delivered."

This content was produced with the assistance of AI translation services.