Business · Markets · 2 hrs ago

South Korea’s KOSPI opens down 5.6%, KOSDAQ falls 4.8%

South Korea’s KOSPI opens down 5.6%, KOSDAQ falls 4.8%

South Korea’s KOSPI opened 5.6% lower on Thursday, at 5,673.

The country’s KOSDAQ index also opened down 4.8%.

The KOSPI and KOSDAQ track shares traded on South Korean stock markets.

Their sharp opening declines show that both markets started the day substantially lower.

The figures matter to investors because they reflect the value of shares across those markets.

No reason for the declines or later market movements was given.

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