Kospi Returns to Near Prewar Levels as Investors Adapt to 'TACO Trade'
4 Articles
4 Articles
Foreign Investors Net Buy for Two Consecutive Days on Expectations of Closure; KOSPI hovers around 6,140 Level. As expectations for a closure grow, the KOSPI index is trading around the 6,140 level on the 15th. While individual investors, who led the early rally, have switched to net selling, foreign and institutional investors have resumed buying, appearing to support the index. At 11:40 AM on this day
KOSPI tops 6,000 as markets reprice risk despite Iran war tensions
South Korean stocks surged on Wednesday, with the benchmark Korea Composite Stock Price Index (KOSPI) closing above the 6,000 mark for the first time since the outbreak of the U.S.-Iran conflict in late February, as easing oil prices and expectations of renewed diplomacy supported risk appetite. The KOSPI rose 123.64 points, or 2.07%, to 6,091.39 […]
[Digital Daily Reporter Kang Ki-hoon] Expectations are growing that the war between the U.S. and Iran could end. Accordingly, the KOSPI continued its rally on this day (the 15th), breaking through the 6,000 mark on a closing basis. SK Hynix rose nearly 3%, setting a new record high. The KOSPI closed at 6,091.39, up 123.64 points (2.07%) from the previous close. The index started at 6,141.60, up 173.85 points (2.91%) from the previous close, an…
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