Japanese Stocks Enter Bear Market; Korean Stocks Close Down 6% After Emergency Market Rescue

According to 深潮 TechFlow, on November 06, the Nikkei 225 Index closed 3666.99 points lower, or 6.00%, at 57410.91 points on Friday, November 6; the index has fallen more than 20% from its June closing peak, confirming entry into a technical bear market. South Korea's KOSPI Index closed 324.15 points lower, or 6.02%, at 5059.65 points; the index briefly fell more than 8% in early trading and broke below the 5000-point threshold, triggering a circuit breaker for the 11th time this year.

The South Korean government subsequently held an emergency market condition review meeting, and Korean stocks narrowed their losses. South Korea's KOSDAQ index closed down 5%; SK Hynix fell more than 10%, and Samsung Electronics fell 6.35%. (金十)

Source: 深潮 TechFlow