KOSPI closes at 7,643.15, slipping 2.29% near the 8,000 mark as upside remains in focus

The KOSPI closed lower on May 12 as it approached the symbolic 8,000 level. The index finished trading at 7,643.15, down 2.29% from the previous session, moving into a pause after its recent upward run. According to the original report, the KOSPI had touched the “7,999” area before sliding, making the market’s hesitation near 8,000 the central focus. The context cited was a five-session stretch since April 30. Still, the headline also noted that “upside potential remains.” Even after the short-term pullback, investors are watching both the index’s proximity to 8,000 and its next direction. Source: mk.co.kr