[Closing Market] KOSPI Reclaims 6,700 on Semiconductor Rebound

On the afternoon of Aug. 25, the KOSPI index and the won-dollar exchange rate are displayed on an electronic board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. (Yonhap) The domestic stock market opened with a sharp drop on Aug. 25, due to unfavorable semiconductor news in early trading, but succeeded in a dramatic rebound and closed higher, driven by strong bargain hunting…