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KOSPI Ends Friday Down 2.56%

Write: 2020-10-30 15:49:05Update: 2020-10-30 17:07:20

KOSPI Ends Friday Down 2.56%

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) fell 59-point-52 points, or two-point-56 percent, on Friday, ending the week at two-thousand-267-point-15.

It was the first close below two-thousand-300 in about a month as investor sentiment soured on fears of a recession due to a resurgence of COVID-19 cases in the U.S. and Europe. 

The tech-heavy KOSDAQ also fell, losing 21-point-28 points, or two-point-61 percent, to close at 792-point-65. 

On the foreign exchange, the local currency weakened three-point-seven won against the dollar, ending the session at one-thousand-135-point-one won.

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