<Anchor> The



KOSPI index fell significantly today (28th).

Looking at this year, it fell by a whopping 23%, because conditions outside the country were not good in addition to the big reef of raising the base interest rate.

The outlook for next year is also not very bright.



Reporter Kim Jeong-woo reports.



<Reporter> The



day before the closure of the stock market this year, the KOSPI plunged more than 2% and fell below 2,300 points in two months.



Institutions sold stocks in the face of ex-dividends, where dividends could not be paid even if they bought stocks, and Tesla's 11% drop in the US stock market last night was largely affected.



In January of last year, the KOSPI index broke through 3,000 for the first time in history, seemingly opening a new era.



There were also rosy prospects that it would break the 3,300 mark.



But the atmosphere suddenly froze.



Deposits increased by 166 trillion a year at high interest rates, and commercial funds were driven to banks rather than the stock market, and bad news such as Russia's invasion of Ukraine, China's corona blockade, and the deterioration of the semiconductor market continued.



[Park Sang-hyeon/Researcher at Hi Investment & Securities: For Korea, which relies almost 100% on energy imports, the fact that the trade deficit was burdensome enough to record the largest scale in history seems to be a factor contributing to the decline in stock prices.]



Early this year In contrast, the KOSPI fell 23%, reducing its market cap by 379 trillion won.



Money above Samsung Electronics' market cap disappeared into thin air.



Stock investors, who surged after Corona, suffered huge losses this year.



[Mr. A/Equity Investor: I think it's about minus 30% for the whole account.

Let's hold on a little longer, let's hold on, but the market keeps getting worse, so I think the biggest fear is that I don't know where or when this will end.] The



problem is next year.



As the construction economy deteriorates, there are still concerns about real estate PF insolvency, and corporate performance is expected to be sluggish.



Many securities companies have suggested 2,000 as the KOSPI low next year.



A reversal of mood in the bear market is expected only after interest rate rises have stopped and the real estate market has stabilized.



(Video coverage: Hwang In-seok, Video editing: Hwang In-seok, VJ: Park Hyun-woo)