{
  "id": 18433964,
  "title": "[Opening Market] KOSPI Plunges Below 5,000 As Foreign Selling Intensifies",
  "url": "https://urgent.news/2026/11/06/opening-market-kospi-plunges-below-5-000-as-foreign-selling",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T03:58:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=280672"
  },
  "original_language": "en",
  "account": "On November 6, South Korea's KOSPI stock index fell below 5,000 points due to intensified foreign selling and panic triggered by declines in global tech stocks. The index opened at 5,263.26 points, down 120.54 points (-2.24%) from the previous day's close. Within minutes, the index dropped below 5,000 points, reaching a low of 4,911.28 points (-8.78%) during trading. The KOSDAQ market also opened lower, with a 0.20% decline from the previous day's close. Foreign investors, led by major semiconductor stocks like Samsung Electronics and SK hynix, were responsible for the majority of selling pressure. Retail and institutional investors attempted to counteract the decline, but the foreign selling power was overwhelming. The KOSDAQ market faced simultaneous sell sidecar suspensions and circuit breakers, indicating extreme volatility.",
  "summary": "On the morning of Nov. 6, the South Korean financial market was swept into extreme panic, battered by an immense cold wave from mega-cap technology stocks originating in the New York stock market. Overnight, news broke that the NASDAQ index plummeted by 5.52% and major semiconductor tech stocks ente",
  "key_points": [
    "KOSPI index drops below 5,000 points on November 6",
    "Foreign selling intensifies amid global tech stock declines",
    "KOSDAQ market also opens lower with 0.20% decline"
  ],
  "editors_take": "Aggressive foreign selling in major semiconductor stocks undermines domestic market stability, turning global technology declines into a localized liquidity crisis that overwhelms local retail and institutional support.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}