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Kospi Index Slumps 4.9% After Report of Kim Jong Il’s Death

Dec. 19 (Bloomberg) -- South Korea’s Kospi index slumped as much as 4.9 percent after North Korean state television reported that its leader Kim Jong Il has died.

The Kospi lost 4 percent to 1,766.82 as of 12:07 p.m. in Seoul. It earlier sank 4.9 percent to 1,750.60.

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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