Korea Exchange Last Week: KOSPI Ends Down 11% After Record Crash, KOSDAQ Limits Damage
South Korea’s KOSPI plunged 12.06% on Wednesday, its worst one-day drop ever, before rebounding and closing Friday nearly flat, down 10.6% for the week. Samsung Electronics and SK Hynix each fell about 13% since Feb. 27. Foreign investors pulled a record $13.67 billion from Korean stocks in February. President Lee Jae Myung ordered a $68 billion market-stabilisation fund as officials prepared further emergency measures.