South Korea’s benchmark stock price index narrowed its losses on Wednesday afternoon after plunging two-point-three percent in early trading, amid market jitters following President Yoon Suk Yeol’s reversal of a surprise martial law decree in the wee hours.

The Korea Composite Stock Price Index(Kospi) closed at two-thousand 464-point-zero, down one-point-44 percent  from the previous day, after tumbling as much as as much as two-point-three percent in the morning on the back of heavy selling by foreign investors.

The tech-heavy KOSDAQ ended at 677-point-15 points, down one-point-98 percent, after plummeting as much as two-point-78 percent in early trading.

Prior to the market opening, Vice Finance Minister Kim Byung-hwan said state agencies were ready to funnel ten trillion won or about seven billion U.S. dollars if needed to stabilize the market “at any time.”

The South Korean currency was trading at one-thousand 410-point-30 won against the greenback, after weakening to as much as one-thousand 440 won range in overnight trading.

Late Tuesday, Yoon declared an emergency martial law and mobilized the army, citing “anti-state forces,” only to reverse his decision six hours following calls by members of the National Assembly.