KOSPI Falls Below 2340... KOSDAQ Also Plunges Over 4%
On the 18th, the KOSPI index opened at 2405.84, down 1.65 points (0.07%) from the previous trading day. Dealers are working in the Hana Bank dealing room in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@
View original image[Asia Economy Reporter Park Jihwan] The KOSPI is plunging nearly 3% due to the spread of the novel coronavirus infection (COVID-19).
As of 3:16 PM on the 18th, the KOSPI recorded 2,337.67, down 69.82 points (2.90%) from the previous day. Individuals and foreigners sold a net amount of 469.4 billion KRW and 17 billion KRW, respectively. Meanwhile, institutions bought a net amount of 508.1 billion KRW.
The KOSDAQ market also fell below the 800 mark during the session. At the same time, the KOSDAQ recorded 795.78, down 4.70% from the previous trading day.
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On this day, the market was negatively affected by concerns over the resurgence of COVID-19 domestically. The Central Disease Control Headquarters announced that the number of new COVID-19 cases increased by 246 as of midnight.
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