Japanese and South Korean stock markets close sharply lower, with South Korea's Seoul Composite Index down nearly 3%

Jinse Finance reported that the Nikkei 225 Index closed down 1,284.93 points, or 2.50%, at 50,212.27 points on Wednesday, November 5. During the session, it once fell by more than 4%, dropping below the 50,000-point mark. The South Korean KOSPI Index closed down 117.32 points, or 2.85%, at 4,004.42 points on Wednesday, November 5, with an intraday drop of more than 6%. Data shows that foreigners had a net sale of 2.52 trillion Korean won in KOSPI index stocks on Wednesday, marking the largest single-day net sale since August 13, 2021. (Golden Ten Data)