stock price index

Financials comprise more than a quarter of the benchmark stock price index and, under pressure to demonstrate stability to regulators, account for the steepest cuts.

South Korea’s Composite Stock Price Index fell by about 3% in morning trade.

Its share price ended up 7.8 percent after the announcements, compared with a 0.3 percent decline in the Nikkei average stock price index.

Despite the recent gains, the Tokyo stock price index is still down about 15 percent on the year.

The large Tokyo Stock Price Index known as Topix is down 3.5% from the close of Jan. 29 to this morning.