The benchmark Korea Composite Stock Price Index(KOSPI) on Tuesday fell three-point-71 points, or point-15 percent, to close the day at two-thousand-526-point-64. 
 
The tech-heavy KOSDAQ surged for the second day, gaining 15-point-08 points, or two-point-03 percent. It renewed its yearly high from just Monday and closed the day at 756-point-46.
 
The gain followed news on Monday that the government will give tax breaks to those who invest in KOSDAQ stocks, details of which will be decided by the end of the year. 

On the foreign exchange market, the value of the local currency strengthened two-point-five won against the U.S. dollar, closing at one-thousand-118-point-one won.