KOSPI retains 8,000 level despite renewed US-Iran conflict
3 Articles
3 Articles
KOSPI retains 8,000 level despite renewed US-Iran conflict
The benchmark KOSPI dipped Thursday amid renewed U.S.-Iran tensions but held firm above 8,000 after a record-setting two-session rally that pushed the index beyond 8,200. KOSPI opened 62.97 points, or 0.77 percent, lower at 8,165.73 and finished the session at 8,185.29, down 43.41 points, or 0.53 percent, from the previous trading day. The index briefly tumbled to an intraday low of 7,841.01 amid aggressive selling by foreign investors of market…
[Digital Daily Reporter Kang Ki-hoon] Although the domestic stock market plummeted during trading hours due to the spread of Middle East risks, the KOSPI managed to hold the 8,000 mark as bargain buying by retail investors flowed in. According to the Korea Exchange on the 28th, the KOSPI closed at 8,185.29, down 43.41 points (0.53%) from the previous trading day. The index started at 8,165.73, down 62.97 points (0.77%) from the previous close,…
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