NEWS: What's happening in Korea?
The KOSPI plunged nearly 4 % - Stock market in Korea
Ella Lee
2020. 3. 12. 12:24
The KOSPI crashed and plunged nearly 4.09% to 1,830.17 points at 11:00 a.m. on Thurday.
This shows the lowest level since February 17th, 2016. Especially, individuals, foreigners and overseas investors continue to sell stocks.
This decline is mainly due to the World Health Organization (WHO)'s declaration that the Coronavirus outbreak can be characterized as a pandemic and uncertainty of US financial measures.
[NEWS: What's happening in Korea?] - Coronavirus cases in Korea - Up to 7,755 confirmed cases