On the 4th, as the KOSPI plunged by a record margin, giving up even the 5,100 level due to the fallout from the outbreak of war between the United States and Iran, the KOSPI and the won/dollar exchange rate are displayed in the dealing room at the head office of Hana Bank in Jung-gu, Seoul. That day, the KOSPI closed at 5,093.54, down 698.37 points (12.06%) from the previous session, and the KOSDAQ closed at 978.44, down 159.26 points (14.00%). The won/dollar exchange rate was 1,476.2 won, up 10.1 won. Yonhap News
With concerns mounting over a protracted Iran crisis, the domestic financial market fell into ‘panic’ (fear) on the 4th.
That day, the KOSPI ended trading at 5093.54, down 698.37 points (12.06%) from the previous session. For the second consecutive day, it recorded the largest point drop on record. On a daily percentage basis, it was also the largest on record.
The KOSDAQ index ended at 978.44, down 159.26 points (14.00%) from the previous session. The KOSDAQ index also marked the largest daily decline on a percentage basis on record.