Closed down 5.96%! Surging oil prices hit the South Korean stock market
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Gelonghui, March 9th – Oil price surge severely hit the South Korean stock market, with the Korea Composite Index plunging as much as 8.75% intraday to 5,096.16 points; it ultimately closed down 5.96% at 5,251.87 points. The Korea Composite Index's year-to-date gain narrowed to 24.62%.
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