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.
Shares opened lower Tuesday bucking continued bullish runs on Wall Street, amid lingering uncertainties over the impact of the new Trump administration's policies on the domestic industry.
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.
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 stocks opened lower Thursday on concerns over a shift in U.S. trade and economic policies following former U.S. President Donald Trump's comeback.
Asian shares were mostly higher on Wednesday after stocks on Wall Street rallied as Americans cast votes in a pivotal national election.
Shares kicked off higher Wednesday tracking an overnight tech rally on Wall Street.
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.
Korea JoongAng Daily Sitemap
