Korea's KOSPI Index Moves Lower

04/18/13 11:01AM EDT

Korea's KOSPI Index has taken a beating over the last month, falling from a notch above 2000 in late March to 1900 this morning with a -1.2% move overnight. The index is down -5.0% year-to-date as plenty of external factors weigh on the index. Japan's monetary policy that has devalued the Yen considerably has played a significant role as well as the breakdown of US tech companies/stocks with Apple (AAPL) falling below $400 a share yesterday. All these interconnected factors will continue to weigh on the Korean index in addition to the war cries of North Korea.

Korea's KOSPI Index Moves Lower - KOSPIindex

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