[Photo] KOSPI Opens Nearly 2% Lower

After political uncertainty eased following the U.S. midterm elections, the New York stock market closed higher, but South Korea's KOSPI opened lower on Nov. 5. The KOSPI, KOSDAQ and won-dollar exchange rate are displayed in the dealing room at Hana Bank's headquarters in Jung-gu, Seoul. The KOSPI began trading at 5,580.09, down 103.71 points (1.82%) from the previous trading day, while the KOSDAQ opened at 713.49, down 1.46 points (0.20%); both indexes have since extended their losses.

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