KOSPI Drops over 3% in Early Trading to the 6,500 Level… KOSDAQ Also Falls.
4 Articles
4 Articles
Foreign and institutional investors continue net selling… Other corporations buy for the ninth consecutive day. Samsung Electronics and NIX plummet… Non-semiconductor stocks such as financial stocks rise, showing signs of rotational trading. KOSDAQ plunges 2.6% to approach the 800 mark… Reverses to a downward trend after three trading days. (Seoul = Yonhap News) Reporter Lee Min-young =
(Seoul = Yonhap News) Reporter Lee Min-young = The KOSPI started lower on the 31st and fell to the 6,500 level in early trading.
Amidst biting winds blowing through the domestic stock market on the 31st following the "hawkish speech" by U.S. Federal Reserve Chair Kevin Warsh, the KOSDAQ index is falling sharper than the KOSPI. This is because pharmaceutical and biotech stocks, as well as small and medium-sized growth stocks concentrated in the KOSDAQ market, have been hit hard by concerns over interest rate hikes. The KOSDAQ index opened at 821.67, down 16.74 points (2.00…
Domestic stock markets are falling across the board. Both the KOSPI and KOSDAQ dropped more than 3% in early trading. As of 9:08 AM on the 31st, the KOSPI fell 230.9 points (3.
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