South Korea's main stock market surpassed the three-thousand-point mark for the first time on Wednesday before closing the session below two-thousand-970. 

The benchmark Korea Composite Stock Price Index(KOSPI) fell 22-point-36 points, or zero-point-75 percent, on Wednesday to close at two-thousand-968-point-21. 

Minutes after trading began in the morning, the KOSPI hit three-thousand-one-point-29, reaching the milestone 13 years and five months after it first surpassed the two-thousand mark on July 25, 2007. 

It set a new intra-day high of three-thousand-27-point-16 points at 9:09 a.m. 

The tech-heavy KOSDAQ also dropped, losing four-point-37 points, or zero-point-44 percent, to close at 981-point-39.

On the foreign exchange, the local currency strengthened two-point-zero won against the dollar, ending the session at one-thousand-85-point-six won