The benchmark Korea Composite Stock Price Index(KOSPI) on Wednesday fell 35-point-75 points, or one-point-42 percent, to close the day at two-thousand-474-point-37. 

The tech-heavy KOSDAQ also fell, losing five-point-73 points, or point-74 percent. It closed the day at 768-point-39.

On the foreign exchange market, the value of the local currency weakened seven-point-nine won against the dollar, closing at one-thousand-93-point-seven won.