KOSPI Falls Below 2370 Again... New Intraday Low Recorded in Afternoon Session

KOSDAQ Also Records 631.20

On the morning of the 9th, employees are working in the dealing room at the Hana Bank headquarters in Euljiro, Seoul. Photo by Heo Young-han

The KOSPI index fell to 2365.51 during the afternoon session on the 9th, marking a new 52-week low.

Around 1 PM that day, the KOSPI index dropped to 2365.51, setting a new 52-week low once again. This level is lower than the figure recorded earlier in the morning session.

In the KOSPI market, the metal sector fell 10.62% due to a sharp drop of over 17% in Korea Zinc. Construction and chemical sectors declined by over 4%, while chemical, securities, machinery equipment, textile and apparel, non-metallic, general services, and insurance sectors recorded losses in the 3% range.

Korea Zinc traded at 1,491,000 KRW, down 322,000 KRW (17.76%) compared to the previous trading day.

At the same time, the KOSDAQ index also hit a new low, falling to 631.20.