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Korean equity marketKoreatimes
•84% Informative
The Korea Composite Stock Price Index (KOSPI) tumbled 8.77 percent from the previous session to close at 2,441.55 points, Monday .
The tech-heavy Kosdaq ended at 691.28 points, down 11.3 percent .
Large-cap Samsung Electronics and SK Hynix shares both saw intraday losses of over 10 percent , a significant drop from their respective previous highs of 88,800 won and 248,500 won in mid-July .
“The extended volatility in the market has been amplified due to fears of a U.S. recession and the geopolitical escalation in the Middle East . Agencies and authorities should maintain close coordination in an around-the-clock monitoring for swift response measures.” The Korean currency traded at 1,374.8 won against the U.S. dollar as of 3:30 p.m. , down 3.6 won from the previous session..
VR Score
89
Informative language
90
Neutral language
42
Article tone
formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
1
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