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Korean stock market index
The Korea Composite Stock Price Index is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It is the representative stock market index of South Korea, analogous to the S&P 500 in the United States.
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Asian stock markets face a significant sell-off in Tuesday’s session, tracking weakness in United States (US) technology stocks seen on the Columbus Day.
Asian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investor confidence. South Koreas Kospi and Japans chipmakers suffered sharp losses, while AI-related funding faced tougher scrutiny. Investors increasingly demand sustainable revenues…
The benchmark index fell below the 6,000 mark during trading