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KOSPI slides nearly 2% to 6,800 level; Kosdaq falls below 900

South Korea’s KOSPI fell nearly 2% on Oct. 7 as foreign investors and institutions sold shares, ending at 6,803.90. The index opened lower and attempted to recover the 7,000 level. Analysts cited concerns over a slowdown in AI investment, U.S. rate burdens and profit-taking in large semiconductor stocks. Individuals were net buyers. The Kosdaq fell 2.34% to 898.43, slipping below 900. The won edged higher against the dollar.