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KOSPI Reaches Lowest Level in 4 Months

Written: 2016-01-15 15:21:51Updated: 2016-01-15 16:23:00

The benchmark Korea Composite Stock Price Index(KOSPI) lost throughout the trading session on Friday, reaching below one-thousand-880. 

Despite opening the day fifteen points higher than Thursday's close, the main index lost 21-point-14 points, or one-point-11 percent, to close at one-thousand-878-point-87. The figure marks the lowest level since September 8, 2015. 

The tech-heavy KOSDAQ also fell four-point-76 points, or zero-point-70 percent, to finish at 678-point-43.

On the foreign exchange market, the local currency remained flat from Thursday at one-thousand-213-point-four won.

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