[Closing Market] KOSPI Slumps into 5,400 Range Amid Hitting 7-Month Low
The domestic stock market closed with a sharp decline on Oct. 26, unable to overcome the aftermath of global macro uncertainty and the massive unloading of foreign volume that flowed in since the beginning of the week.On this day, the KOSPI index closed trading at 5469.47, down 80.83 points (1.46%)
On October 26, the domestic KOSPI stock market experienced a significant downturn, closing at 5469.47, marking a 1.46% decline from the previous day. The index had started at 5,499.05, marking a 0.92% drop from the prior session. The index had briefly rallied, but the extent of the decline widened before the market closed. Foreigner-led selling pressure pushed the KOSPI to a seven-month low.
The KOSDAQ market also declined, closing at 727.21, down 3.26% from the previous day. Market volatility continued following global macro uncertainty and the large-scale selling of foreign volume since the start of the week.
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