[Closing Market] KOSPI Plunges Toward 7,200 on Tech Selloff Amid Won-Dollar Rate Closing Below 1,500
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The KOSPI has experienced significant fluctuations, with reports of it plunging towards 7,200 and falling below 7,500 at some point, as well as rising 2.2% on a different occasion. The won-dollar rate has also been volatile, closing below 1,500 and weakening to around 1,530-1,539 per dollar at various times. The tech sector, including semiconductor stocks and Samsung Electronics, has been affected by a selloff, with foreigners reportedly triggering a large sell-off in the KOSPI.
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