"Jo, Bang, and Won Are back"... Kospi, on a Tear, Surpasses 5,760 and Looks Set to Surpass 5,800.
3 Articles
3 Articles
The KOSPI broke through the 5,700 level early in the session and is now approaching 5,800. With semiconductors, which had led the previous day's gains, faltering, a buying cycle appears to be emerging in shipbuilding, defense, nuclear power, securities, and insurance. Looking at supply and demand, while foreign investors have been selling for three consecutive trading days, individual and institutional buying is driving the index upward.
[Digital Daily Reporter Cho Yoon-jung] The domestic stock market continues its unstoppable run. On the 20th, the KOSPI index surpassed the 5,800 mark for the first time ever, signaling the arrival of the "6,000-point era." Conversely, overseas stock markets, including those in the US, which had been on a tear, are relatively stagnant, deepening the concerns of "small investors." Amidst this fervent domestic stock market, the MZ generation is t…
As the domestic stock market surges, with the KOSPI index surpassing the 5,800 level for the first time in history, investors in inverse exchange-traded funds (ETFs) that bet on a decline are groaning. The so-called "double-bus" ETFs, which track stock market returns at multiples of their original value, are inversely tracking the market's performance.
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