The Kospi lost 49.09 points, or 1.94 percent, to close at 2,482.57 as investors continue to flee the market over uncertainties about U.S. President-elect Donald Trump's trade policies.
The benchmark Kospi lost 29.49 points, or 1.15 percent, to close at 2,531.66 with investors concerned about the effects of policies under the incoming Donald Trump administration.
Shares opened lower on Monday, as investors sat on the sidelines over policy uncertainties under the incoming Trump administration.
Foreign investors sold off Korean stocks for the third consecutive month in October, data showed Friday.
Shares opened sharply higher, tracking overnight gains on Wall Street, after the U.S. Federal Reserve lowered its benchmark interest rate by a quarter-percentage point. The Korean won also sharply gained against the greenback.
The Kospi added 1.12 points, or 0.04 percent, to 2,564.63 as investors reacted to expectations of the incoming Donald Trump administration.
Korean shares declined for a second consecutive day, with the Kospi and Kosdaq falling as investors remained cautious ahead of the U.S. presidential election.
Shares kicked off lower Tuesday as investors were cautious ahead of the U.S. presidential election.
The Kospi rose 46.61 points, or 1.83 percent, to close at 2,588.97 with a rare bipartisan agreement to scrap the implementation of a capital gains tax.
The benchmark Kospi lost 13.79 points, or 0.54 percent, to close at 2,542.36 as Samsung Electronics, SK hynix and Kakao all lost over 1.5 percent.
Korea JoongAng Daily Sitemap
