KOSPI Hits 2 Year Low Amid China Stock Market Tumble

D-Bo , Aug. 25, 2015, 8:52 a.m.

Korea's benchmark KOSPI shed 2.47 percent extending losses for the sixth consecutive day. The tech-heavy KOSDAQ also finished more than 2 percent lower. The downward streak comes amid economic uncertainties fueled by a market rout in China and rising tensions between the two Koreas. Analysts expect it will be hard for the Korean market to find momentum for the time being.

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