KOSPI plunges as much as 6%, even 5,900 level collapses [fn Afternoon Market Report]

According to The Financial News, the Korea Composite Stock Price Index (KOSPI) is falling as foreign investors rush to sell in response to airstrikes by the United States of America (U.S.) and Israel on Iran and the potential escalation of conflict in the Middle East.
As of 1:52 p.m. on the 3rd, the KOSPI was trading at 5,866.54, down 377.59 points, or 6.05%, from the previous session.
The KOSPI opened at 6,165.15, up 78.98 points, or 1.26%, from the previous day.
In the Korea Exchange Securities Market (KOSPI market), foreign investors have sold 5.4202 trillion won worth of shares, while institutions are also net sellers of 334.9 billion won. Individual investors have bought 5.5458 trillion won.
The KOSDAQ Index is trading at 1,160.10, down 32.68 points, or 2.74%, from the previous day.
dschoi@fnnews.com Choi Doo-seon Reporter