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[Closing Market] KOSPI Falls More Than 3%, Barely Holding 5,500 Level

On Oct. 22, the domestic stock market failed to maintain the strong rebound from the previous day and reversed to a sharp decline as a heavy bomb of selling poured out, centered on large-cap…

  • KOSPI stock market fell more than 3% on October 22
  • Heavy selling surge in large-cap semiconductor stocks drove decline
  • Index closed at 5,533.77, down 3.52% from previous day

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