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South Korea announces 1,500 new COVID-19 cases as infection rate climbs
6 articles |
Updated 2d ago |
Created 2d ago
The Ministry of Health announced on March 16 that the country recorded a total of approximately 472 million cumulative infections with over one thousand five hundred additional confirmed positive tests reported today for both adults, including those in their sixties or seventies who are at high risk from severe symptoms and death.
Key Points
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1The Korea Exchange reported that the KOSPI index closed at approximately -1,500 points.
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2This significant decline marks a record loss for March in terms of absolute point value (-4.6% change).
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3Analysts attribute this drop to weak domestic demand and concerns regarding global economic growth.
Developments
(Noon)
"The KOSPI index closed at -4.6% (-50 points) with a total loss of approximately $28 billion (Yn.co.kr)."