The benchmark Korea Composite Stock Price Index(KOSPI) fell 16-point-79 points, or zero-point-52 percent on Wednesday, closing the day at three-thousand-215-point-91.

The tech-heavy KOSDAQ also fell, losing one-point-61 points, or zero-point-15 percent, to close at one-thousand-42-point-03.

On the foreign exchange, the local currency weakened three-point-six won against the dollar, ending the day at one-thousand-154 won.