KOSPI and KOSDAQ Close Down Over 5% Due to Tariff Shock

KOSPI Closes at 2,328.20
KOSDAQ Ends at 651.30, Down 5.25%

The KOSPI plunged over 5% to the 2320 level due to the shock of mutual tariffs originating from the United States.

Yonhap News

According to the Korea Exchange, on the 7th, the KOSPI closing price was recorded at 2328.20, down 137.22 points (5.57%) from the previous trading day. The index started the session at 2359.25, down 106.17 points (4.31%), and continued its sharp decline of 4-5%.

The KOSDAQ index closed at 651.30, down 36.09 points (5.25%) from the previous session.