Stock prices plummet on Big Board`s free fall

The stock market spiral continued for the third straight day Tuesday under the influence of sharp declines in U.S. share prices.

The Korea Stock Price Index or KOSPI closed at 527.97, down 17.08 points from Monday. In the wake of the U.S. Nasdaq`s fall below the 2,000 barrier, the KOSDAQ market also headed south. The KOSDAQ index fell below 70 to close at 68.57 Tuesday, down 3.76 points(5.20%) from a day earlier.