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With the spread of Corona19 spreading, the anxiety sentiment spread rapidly in the global financial market. In today's (9th) stock market, foreign investors sold more than 1.3 trillion won, the largest net selling ever.

This is reporter Park Chan-keun.

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The KOSPI ended 4.19%, down 85 points, and closed at 1,954.77.

Foreigners sold more than KRW 1.3 trillion in the securities market today.

It is the largest ever since 1999 when we started counting.

In the KOSDAQ market, foreigners were net selling KRW 140 billion, down the index by more than 4%.

Today's market cap of 68 trillion won has disappeared.

The won's value plunged and the won-dollar exchange rate exceeded 1,200 won.

The impact of a significant increase in corona19 confirmers and deaths in the US and Europe over the past weekend has spread to global pandemic and pandemic concerns.

The drop in international oil futures prices by more than 30% a day reflects the concern that this will lead to a collapse in the global supply chain and consumption base.

It is an analysis that foreign investment funds are falling out of the Korean market first.

[Lee Jin-woo, Meritz Securities Investment Strategy Team: As oil prices plummeted in the short term, bankruptcy risks of oil-related companies with poor credit ratings soared, so we were afraid of the real economic impact.]

The OECD has lowered this year's forecast for global economic growth to 1.5 percent, half of its predecessor, and some organizations have even forecasted the zero percent.

Moody's and Standard & Poor's, both international credit rating agencies, are rapidly lowering the Korean economic growth outlook to 1%, and even worse, they will remain at 0%.

The financial authorities held an emergency inspection meeting and asked for the role of institutional investors. They are also reviewing the emergency response plan, such as expanding the ban on short selling.

(Video coverage: Elderly style, Video editing: Seunghee Lee, CG: Bang Myunghwan)