KOSPI Falls Nearly 2 Percent to 6,804, Its Lowest Close Since Sept. 17, as Foreign Investors Sell
6 Articles
6 Articles
The KOSPI index continues to weaken by around 1%, pushed down by simultaneous net selling from foreign and institutional investors. Although the New York stock market hit an all-time high yesterday amid expectations of third-quarter earnings, downward pressure on the index persists in the domestic market as selling pressure from foreign and institutional investors pours in. As of 11:33 AM on the 7th, the KOSPI index is trading at 6,877.60, down …
(Seoul = Yonhap News) Reporter Lim Eun-jin = The KOSPI fell back to the 6,800 level on the 7th after a mixed trading session, turning downward again during the session.
On the afternoon of October 7, the KOSPI and KOSDAQ indices are displayed on the electronic display board of the dealing room at Hana Bank's headquarters in Jung-gu, Seoul. (Yonhap) On Wednesday, October 7, the domestic stock market closed with a sharp decline, despite the S&P 500 and Nasdaq indices hitting all-time highs in the New York stock market overnight. This was due to worsening investor sentiment toward large-cap semiconductor stocks a…
KOSPI Falls Nearly 2 Percent to 6,804, Its Lowest Close Since Sept. 17, as Foreign Investors Sell
South Korean stocks fell for a second session as foreign selling and concerns about high bond yields outweighed record US sharemarket gains ahead of Samsung Electronics' results.
[Digital Daily Reporter Kang Ki-hoon] The KOSPI fell nearly 2% to the 6,800 level due to net selling by foreign investors approaching 2.6 trillion won. Investor sentiment dampened as international oil prices and U.S. Treasury yields rose again amidst caution ahead of Samsung Electronics' preliminary earnings announcement tomorrow and renewed tensions in the Middle East. The KOSDAQ, which had surged nearly 3% the previous day, also gave up the 90…
The COSPI fell by 1% to the end of the 6800 mark. KOSDAQ, which broke through 900 in about 3 months the day before, fell 2% and gave back the 900 mark. The 7-day COSPI was 137 compared to the previous day.
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