{"id":41607,"date":"2024-12-09T08:07:12","date_gmt":"2024-12-09T02:37:12","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=41607"},"modified":"2024-12-09T08:07:12","modified_gmt":"2024-12-09T02:37:12","slug":"asian-markets-kospi-plunges-nearly-2-amid-market-downturn","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/south-korea\/asian-markets-kospi-plunges-nearly-2-amid-market-downturn\/41607\/","title":{"rendered":"Asian markets: KOSPI plunges nearly 2% amid market downturn"},"content":{"rendered":"<p>The Korea Composite Stock Price Index (KOSPI) experienced a sharp decline today, opening at 2,392.37 KRW and settling at 2,380.63 KRW as of 11:35 am (Korean Standard Time).<\/p>\n<p><strong>Market performance overview<\/strong><\/p>\n<p>The KOSPI\u2019s performance today revealed fluctuations within a day\u2019s range of 2,374.07 KRW to 2,399.52 KRW. This movement follows its previous close of 2,428.17 KRW.<\/p>\n<p><strong>About the KOSPI index<\/strong><\/p>\n<p>Introduced in 1983 with a base value 100, the KOSPI is a capitalization-weighted index encompassing all common shares traded on the Korea Stock Exchange. Its performance is heavily influenced by major companies such as Samsung Electronics and Hyundai Motor.<\/p>\n<p><em><strong>Disclaimer:<\/strong> <\/em>This article is for informational purposes only and does not constitute financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Korea Composite Stock Price Index (KOSPI) experienced a sharp decline today, opening at 2,392.37 KRW and settling at 2,380.63\u2026<\/p>\n","protected":false},"author":367,"featured_media":24013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-41607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-south-korea"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=41607"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41607\/revisions"}],"predecessor-version":[{"id":41609,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41607\/revisions\/41609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/24013"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=41607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=41607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=41607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}