Japanese stocks plunge into bear market; Korean stocks close down 6% after emergency 'market rescue' measures.

BlockBeats news, November 6 - According to Bitget market data, the Nikkei 225 Index closed down 3,666.99 points, or 6.00%, at 57,410.91 points on Friday, November 6; the index has fallen more than 20% from its June closing peak, confirming entry into a technical bear market.

South Korea's KOSPI Index closed down 324.15 points, or 6.02%, at 5,059.65 points; it fell more than 8% in early trading, briefly losing the 5,000-point mark and triggering a circuit breaker for the 11th time this year. The South Korean government subsequently convened an emergency market conditions review meeting, and Korean stocks pared some losses. The KOSDAQ closed down 5%; SK Hynix fell more than 10%, and Samsung Electronics dropped 6.35%.