The korean stock market opened with significant losses on December 15, falling 111.31 points or 2.67%, closing the session at 4055.85. This marked a substantial decline for the KOSPI index, reflecting broader weakness across Asian equity markets that day.
Meanwhile, Japan’s Nikkei 225 index also retreated, declining 404.45 points or 0.80% to settle at 50432.10. According to PANews, both major Asian indices registered notable downside pressure, with the korean stock market experiencing steeper losses compared to its Japanese counterpart.
The coordinated weakness across these key Asian benchmarks underscored the challenging market conditions that characterized trading on December 15, suggesting broader regional pressure affecting both the japanese and korean stock markets simultaneously.
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Asian Stock Markets Decline Sharply, Korean Stock Market Drops 2.67%
The korean stock market opened with significant losses on December 15, falling 111.31 points or 2.67%, closing the session at 4055.85. This marked a substantial decline for the KOSPI index, reflecting broader weakness across Asian equity markets that day.
Meanwhile, Japan’s Nikkei 225 index also retreated, declining 404.45 points or 0.80% to settle at 50432.10. According to PANews, both major Asian indices registered notable downside pressure, with the korean stock market experiencing steeper losses compared to its Japanese counterpart.
The coordinated weakness across these key Asian benchmarks underscored the challenging market conditions that characterized trading on December 15, suggesting broader regional pressure affecting both the japanese and korean stock markets simultaneously.