South Korea's KOSPI index fell 19.3%in the third quarter, the largest decline since 2020 the first quarter of that year
BIBIBI
AT A GLANCE
September 30 KOSPI fell 0.48%, down 19.3%; the Nikkei 225 rose that day 1.94%。
Article
Korean stocks closed lower 0.48%, with an overall decline of 2020 in Q3 this year, the largest since Q1
BlockBeats news,September 30, according to Bitget market data, South Korea's KOSPI index September 30(Wednesday) closed down 32.77 points, or 0.48%, at 6838.04 points.KOSPI The index fell 19.3%in the third quarter, 2020 the largest decline since the first quarter of that year.
The Nikkei 225 index September 30(Wednesday) closed up 1272.45 points, or 1.94%, at 66753.72 points.
Original link https://m.theblockbeats.info/flash/369726
Key points
01
According to Bitget market data, South Korea's KOSPI index September 30 closed down 32.77 points, or 0.48%, at 6838.04 points.
02
KOSPI The index fell 19.3%in the third quarter, the largest decline since 2020 the first quarter of that year.
03
The Nikkei 225 index September 30 closed up 1272.45 points, or 1.94%, at 66753.72 points.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The representative index of the South Korean stock market KOSPI fell slightly that day, but its cumulative decline for the third quarter was more pronounced. Meanwhile, the Nikkei 225 index rose that day, showing different daily trends in the two markets.
Why it matters to readers
KOSPI The quarterly decline of the index can be used to observe the recent overall performance of the South Korean stock market; compared with the daily rise of the Nikkei 225 index, it also reflects divergence between the two markets on the same 1 day.
Beginners can distinguish between “one-day changes” and “cumulative quarterly changes”: 0.48%represents the decline for the day, while 19.3%represents the cumulative decline for the third quarter; the two use different statistical periods.
Risks and unknowns
The source only states that the data came from Bitget market data and does not provide original closing records from the exchange or index compiler.
The source does not explain why the KOSPI index fell sharply in the third quarter.
The source does not explain why the Nikkei 225 index rose that day, nor can it confirm whether this divergence will persist.
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KOSPI Index
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