[Photo] KOSPI Plunges Nearly 5% During Intraday Trading
The status board at the Hana Bank dealing room in Jung-gu, Seoul, displays the KOSPI and KOSDAQ indices on November 5, as the KOSPI tumbled nearly 5% during intraday trading, following a sharp decline in U.S. tech stocks. As of 9:09 a.m. that day, the KOSPI opened at 3,997.87, down 123.87 points (3.01%) from the previous session, falling below the 4,000 mark just seven trading days after surpassing it, and also losing the 3,900 level.
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