Finance · 8 sources combined
KOSPI drops 11% in two days
5000 level breached during trading
In short
On November 6, KOSPI fell 6.02% to close at 5059.69.
The market plunged immediately at opening, halting trading for 20 minutes.
Democrats won decisively in U.S. midterm elections, raising concerns over AI data center regulations.
Key facts
| When | On Friday, November 6, KOSPI dropped below the 5000 level during trading. |
|---|---|
| What | KOSPI, KOSDAQ, and semiconductor stocks like Samsung Electronics and SK Hynix fell sharply. |
| How much | KOSPI closed down 6.02% at 5059.69; KOSDAQ closed down 5.03% at 644.27. |
| Why | Democrats won decisively in U.S. midterm elections, raising concerns over AI data center regulations. |
What it means for me
Readers who invested in stocks or funds likely face larger unrealized losses recently.
If retirement pensions or personal pensions are in domestic stock funds, account balances may have decreased.
If managing retirement funds through stocks or funds, watch for additional volatility in the coming period.
