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[Closing Market] KOSPI Reverses Sharply After 7,200 Surge

On Aug. 18, the domestic stock market staged a strong rally, breaking through the 7,200 mark early in the session driven by the surge of large-cap semiconductor stocks, but closed lower as foreign…

  • KOSPI index reversed after surging past 7,200 points
  • Foreign investors sold off, institutions took profit-taking positions
  • KOSPI closed at 6,869.83, down 1.55% from previous day

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