The Korea Composite Stock Price Index (KOSPI) dropped sharply by 3.07% as trading commenced on Friday, 28 February 2025, at 12:14 pm KST, reflecting investor concerns over market conditions. The index fell by 80.44 points to 2,541.32 KRW, significantly lower than its previous close of 2,621.76 KRW.
The KOSPI opened at 2,585.61 KRW but quickly lost ground, reaching a low of 2,540.73 KRW within the session’s early hours. The decline comes as major index players like Samsung Electronics and Hyundai Motor faced increased selling pressure.
About KOSPI
As a capitalization-weighted index that tracks all common shares listed on the Korea Stock Exchange, KOSPI is a crucial indicator for investors monitoring the Asian markets—the steep drop signals potential volatility ahead, as market participants react to global and domestic economic factors.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.