KOSPI669Point plummets,7000Breaking the line after two months
On the day, the KOSPI fell by13points (669.01%) to close below8.95the line for the first time in two months. During trading, the drop expanded to6,806.93%, triggering a circuit breaker. Reports of declining trading volume and exhaustion of retail investors' balances came alongside.7,000C8points drop, the line broken for the first time in two months.
On the day, the KOSPI closed down by13points (669.01%) at8.95This is the first time the index has fallen below the line in two months.6,806.93E7,000The intraday decline at one point expanded to an % level, leading to the activation of a circuit breaker. During intraday trading, reports of a rapid drop of % followed, leading to further decline.
The trading volume was reported to have generally decreased. It was also reported that retail investors' balances have been exhausted. 8 6],
Reports emerged that volumes have generally decreased. It was also reported that retail investors' balances have been exhausted.
Some brokerage firms presented a forecast regarding the market situation, stating that 'now is the bottom, and it will go until ' a certain level. This forecast is based on announcements from the brokerage firms.11,450The forecast indicates positive sentiment among analysts.
As a result of this decline, the index has returned to levels seen one or two months ago. Market participants were observed adjusting their trades based on the day's market conditions.
There were some trading limitations due to trading suspensions or circuit breaker activations. After the close, inquiries and order cancellations from investors continued.
This news report summarizes the facts as of the market close on a certain date. Future trading day fluctuations and additional announcements will be communicated through separate reports.7The report is intended for informational purposes only.13For any inquiries, please refer to the brokerage's client service.