Kospi at 2,300, won nears 1,300
![A monitor at Hana Bank in Myeong-dong, central Seoul, shows the Kospi closing in on 2,300 on Monday and hitting a two-year low. The index, which tumbled sharply and lost 28 points during the day, recovered at the last minute. Despite retail and institutional investors buying up stocks, the market still retreated as foreign investors offloaded their shares, which they have done for five trading days. The won edged closer to 1,300 won against the dollar. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2022/07/04/57521c74-f234-446f-aa21-72a9f7a86aad.jpg)
A monitor at Hana Bank in Myeong-dong, central Seoul, shows the Kospi closing in on 2,300 on Monday and hitting a two-year low. The index, which tumbled sharply and lost 28 points during the day, recovered at the last minute. Despite retail and institutional investors buying up stocks, the market still retreated as foreign investors offloaded their shares, which they have done for five trading days. The won edged closer to 1,300 won against the dollar. [YONHAP]
with the Korea JoongAng Daily
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