KOSPI · February 24, 2020
The day it started spreading at home
-3.87%
single-day change vs previous close
Part of a longer stretch
A third gone in two months
midway through · 2020-01-22 → 2020-03-19, -35.71% over the whole period
What happened that day?
- The KOSPI fell 3.87% on the day
- Over the weekend domestic cases had risen sharply and the national alert was raised to its highest level
- Korea was among the first markets to fall hard, because domestic spread started early there
- World markets still saw this as something happening in China. American shares only began breaking properly from this week
- What was hit at once were the sectors that need people gathering — travel, airlines, retail, cosmetics
- The decline ran to 19 March, taking a third of the index with it
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.