The KOSDAQ index opened at 824.05 on the 21st at 9:03 a.m., down 16.84 points (2.00%) from the previous trading day. The day before, it had recovered to 840 but fell below 820 in the afternoon. Asia Economics reported that the market moved real‑time and said KOSDAQ opened at about 824 on the 19th.
The KOSPI also opened weakly at 6,759.95, down 92.63 points (1.35%) from the previous day. This was a result of reduced trading volume and weakening investor confidence while the small‑ and medium‑sized company–focused stock market had been rising for some time.
KOSDAQ is an index operated by the Korea Exchange that reflects growth stocks and small- and medium-sized company stocks. The opening price represents the first settlement on the trading day, and after that it can vary with subsequent buy and sell orders and sector‑specific moves during the session.
The recovery to 840 and the subsequent fall on the 21st show that market movements are not just a temporary phenomenon. Market participants need to reassess trading volume and investor confidence and watch how KOSDAQ will move in the future.