Oct. 16, 2026
As South Korea's stock market continues to swing sharply between steep losses and strong gains, questions are mounting over the effectiveness of financial authorities' response. The Kospi, which plunged more than 7 percent on Thursday, edged up around 1 percent in early trading Friday. The benchmark index closed at 5,668.05, up 2.05 percent from the previous session, after opening at 5,653.99, up 1.8 percent. Meanwhile, the Kosdaq surged as much as 5 percent intraday, triggering a buy-side sidec