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KOSPI Falls Below 2400 During Trading... KOSDAQ Also Drops Over 2%

KOSPI Falls Below 2400 During Trading... KOSDAQ Also Drops Over 2% [Image source=Yonhap News]


[Asia Economy Reporter Park Jihwan] On the 14th, the KOSPI market fell below the 2400 mark during trading. The KOSPI, which had continued a nine-day consecutive rally until the previous day, is showing a decline of around 1.6%.


As of 10:07 AM on the same day, the KOSPI recorded 2397.64, down 39.89 points (1.64%) from the previous trading day. The index started at 2427.85, down 0.40% from the previous day, and the decline has been widening as time passes.


The KOSPI had closed with gains for nine consecutive trading days until the previous day. This marks nine consecutive trading days since the 3rd. After breaking the intraday high on the 4th, it also set new intraday highs for eight consecutive trading days.


At the same time, the KOSDAQ also dropped 2.08% to 837.00. The market opened at 854.71, down 0.06 points from the previous trading day.


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