KOSPI Slips as US Bond Yields, Oil Prices Weigh on Investor Sentiment
7 Articles
7 Articles
KOSPI slips as US bond yields, oil prices weigh on investor sentiment
Seoul stocks fell Tuesday as rising U.S. Treasury yields and oil prices weighed on investor sentiment, with the benchmark KOSPI opening lower and remaining in negative territory for most of the session. The index opened at 6,844.41, down 0.66 percent from the previous close, according to the Korea Exchange. It moved in a narrow range below the flat line before closing at 6,870.81, down 0.27 percent. Retail investors and institutions were net buy…
The KOSPI index closed slightly lower at the 6,870 level on the 29th. Although foreign and institutional investors continued selling pressure due to the previous day's surge in U.S. Treasury yields and instability in international oil prices, buying by individual investors and other corporations offset this. The KOSDAQ index turned positive, driven by buying from individual investors and strength in IT component stocks. On this day, the KOSPI in…
(Seoul = Yonhap News) Reporter Kim Yu-ah = On the 29th, the KOSPI closed lower for the second consecutive day due to negative factors such as a surge in U.S. Treasury yields.
[Digital Daily Reporter Kang Ki-hoon] The KOSPI fell for the second consecutive day due to net selling by foreign investors approaching 3 trillion won. Although the index dropped to the 6,780 level during the session as rising U.S. long-term Treasury yields and international oil prices pressured investor sentiment, the decline narrowed as Samsung Electronics rebounded and bargain buying by individual and institutional investors flowed in. Accor…
KOSPI Falls for Second Day as Foreign Selling and Soaring US Treasury Yields Keep Seoul Stocks Below 7,000
South Korean shares declined for a second session as foreign investors sold heavily, US Treasury yields and oil prices rose, and technology stocks faced renewed pressure.
KOSPI closes at 6,870.81, down 18.93 points (0.
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