KOSPI Plunges Below 5,800 Amid Geopolitical Risk

South Korean stocks plunged 7.24 percent on Tuesday, with the KOSPI falling 452.22 points to close at 5,791.91, its largest-ever daily drop. The Korea Exchange activated a five-minute sell-side sidecar amid heavy trade as foreign and institutional investors dumped net 5.1 trillion and 891.1 billion won, respectively, while retail bought 5.8 trillion won. The won weakened to 1,466.1 per U.S. dollar, elevating market risks.