KOSPI Falls Before 8,000 as Foreign Selling Sparks 600-Point Swing

The KOSPI fell sharply just before what would have been its first-ever move above the 8,000 mark, jolting the market. According to mk.co.kr, the index climbed as high as 7,999 during the session, but foreign selling halted the upward momentum and produced a roller-coaster day with a 600-point range. With the symbolic 8,000 level in sight, investors are watching whether the rally can continue. The move highlighted how short-term overheating and shifts in foreign flows can affect the index. Source: mk.co.kr