On the 4th, after a sell-sidecar was triggered amid a KOSPI plunge, the dealing room at the Hana Bank head office in Jung-gu, Seoul displayed the KOSPI index and other figures.
The KOSPI has been plunging by more than 5% day after day, even giving up the 5500 level during intraday trading.
On the day, the KOSPI opened at 5592.59, down 199.32 points (3.44%) from the previous session, continuing its sharp decline. As of 9:02 a.m., it was trading at 5456.83, a plunge of 335.08 points (5.79%) from the previous close, surrendering the 5500 level early in the session.
From early trade, large-cap stocks such as Samsung Electronics (-5.74%), SK hynix (-4.37%), and Hyundai Motor (-5.38%) plunged across the board, dragging the index down. Except for defense names such as Hanwha Aerospace (13.13%) and oil refiners, nearly all areas were weak, showing how severe the shock to the index was.
On the KOSPI market, foreign investors were net buyers of KRW 400 billion and institutions KRW 450 billion. In contrast, individual investors were net sellers of KRW 860 billion.
As of 9:12 a.m., the KOSDAQ was trading at 1088.98, down 48.72 points (4.28%) from the previous session, giving up the 1100 level as well.