KOSPI ends more than 1% lower on weak large caps

The KOSPI closed more than 1% lower as large-cap stocks weakened.

Today (31st), the KOSPI closed at 2,556.15, down 1.45% from yesterday.

SK Hynix, the second-largest market capitalization, fell more than 4%, and financial holding companies, which had been strong due to value-ups, also fell one after another, pulling down the overall index.

KOSDAQ closed 0.66% higher at 743.06.

The local currency was trading at 1,379.9 won against the U.S. dollar as of 3:30 p.m., down 2.5 won from the greenback.