The Korea Composite Stock Price Index (KOSPI) began trading downward at 12:27 pm Wednesday, 4 December 2024 (GMT+9), falling 45.98 points, or 1.84%, to stand at 2,454.13 KRW.
The opening level of 2,450.76 KRW marked a significant drop from the previous close of 2,500.11 KRW, signalling a bearish sentiment in the market.
Early trading saw the index fluctuating from 2,442.46 KRW to 2,483.04 KRW.
About KOSPI
As a capitalization-weighted index, the KOSPI tracks the performance of all common shares listed on the Korea Stock Exchange, making it a vital benchmark for those monitoring Asian markets.
Introduced in 1983 with a base value 100, the KOSPI encompasses industry giants such as Samsung Electronics and Hyundai Motor.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.