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[Anchor]
Our stock market fell along with the rapid pace of impeachment.
The KOSPI fell below the 2,400-point level for the third time this year, and the KOSDAQ index also fell to a four-year and seven-month low as the 650-point level collapsed.
Connect reporters to find out more about the news.
Reporter Ryu Hwan-hong, why did our stock market suddenly plunge?
[Reporter]
In the morning, the stock market began to plunge on the news that Han Dong-hoon, the leader of People's Power, had virtually agreed to impeach President Yoon Suk Yeol.
The 2,400-point KOSPI once collapsed, and the KOSDAQ index also hit its lowest intraday level in four years and seven months.
In the stock market, the Kospi opened 0.4% higher at 2,451.6.
Then, it turned downward during the day, and the decline deepened as the impeachment process accelerated.
The KOSPI fell to 2,397.73 and closed 0.56 percent lower at 2,428.16.
It is the third time that the KOSPI has fallen below the 2,400-point level since last month's "Black Monday" in August and the U.S. presidential election.
Individuals net sold more than 570 billion won, and foreigners net sold more than 310 billion won.
On the KOSDAQ market, the KOSDAQ index started at 670.7, down 0.04%, and increased its decline, before plunging more than 3% at one point, collapsing the 650-point level.
The KOSDAQ index fell to 644.39, its lowest intraday level in four years and seven months since May 2020.
The tech-heavy KOSDAQ index closed 1.43 percent lower at 661.33.
Like the KOSPI, individuals net sold more than 170 billion won.
The won-dollar exchange rate also soared to the late 1,420 won range.
The exchange rate had been on a downward trend after rising to 1,419.5 won overnight, but rose again due to the impeachment issue.
The exchange rate rose to 1,429.2 won and is now back to the late 1,410 won range.
The volatility of our financial market is increasing as the impeachment situation has accelerated after the martial law shock.
I'm YTN's Ryu Hwan Hong.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
Our stock market fell along with the rapid pace of impeachment.
The KOSPI fell below the 2,400-point level for the third time this year, and the KOSDAQ index also fell to a four-year and seven-month low as the 650-point level collapsed.
Connect reporters to find out more about the news.
Reporter Ryu Hwan-hong, why did our stock market suddenly plunge?
[Reporter]
In the morning, the stock market began to plunge on the news that Han Dong-hoon, the leader of People's Power, had virtually agreed to impeach President Yoon Suk Yeol.
The 2,400-point KOSPI once collapsed, and the KOSDAQ index also hit its lowest intraday level in four years and seven months.
In the stock market, the Kospi opened 0.4% higher at 2,451.6.
Then, it turned downward during the day, and the decline deepened as the impeachment process accelerated.
The KOSPI fell to 2,397.73 and closed 0.56 percent lower at 2,428.16.
It is the third time that the KOSPI has fallen below the 2,400-point level since last month's "Black Monday" in August and the U.S. presidential election.
Individuals net sold more than 570 billion won, and foreigners net sold more than 310 billion won.
On the KOSDAQ market, the KOSDAQ index started at 670.7, down 0.04%, and increased its decline, before plunging more than 3% at one point, collapsing the 650-point level.
The KOSDAQ index fell to 644.39, its lowest intraday level in four years and seven months since May 2020.
The tech-heavy KOSDAQ index closed 1.43 percent lower at 661.33.
Like the KOSPI, individuals net sold more than 170 billion won.
The won-dollar exchange rate also soared to the late 1,420 won range.
The exchange rate had been on a downward trend after rising to 1,419.5 won overnight, but rose again due to the impeachment issue.
The exchange rate rose to 1,429.2 won and is now back to the late 1,410 won range.
The volatility of our financial market is increasing as the impeachment situation has accelerated after the martial law shock.
I'm YTN's Ryu Hwan Hong.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]