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KOSPI Turns Sharply Lower After Intraday High, Falls Over 3% Below 7,600

Published: · Source: hankyung.com

KOSPI Turns Sharply Lower After Intraday High, Falls Over 3% Below 7,600
TL;DR: The KOSPI hit an intraday high before reversing sharply, dropping more than 3% and falling below the 7,600 level, hankyung.com reported in a breaking update.
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The KOSPI reversed sharply lower after touching an intraday high. According to hankyung.com, the index reached its highest level during the session but later widened losses, falling more than 3% and moving below the 7,600 mark. The move was reported as a sudden shift in market direction after the intraday peak, as selling pressure increased. The original report did not provide a specific reason for the decline or further details on market flows. Investors may watch whether volatility continues and whether the index can recover the 7,600 level. Source: hankyung.com

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