[Photo] KOSPI index falls below 2,000

The South Korean KOSPI stock index closed on Dec. 3 at 1,993.7, 0.81% lower than the previous day, marking the first time it’s fallen below 2,000 since 2016. Despite government countermeasures, the KOSPI index fell below the psychological “safety line” of the 2,000 mark. Experts speculate the drop was caused by a generally pessimistic economic outlook for 2019, foreign investors dumping their stocks, and dismal predictions for Apple’s revenue. (provided by Korea Exchange) .