Seoul Stocks Turn up Late Monday Morning on Bargain Hunting
6 Articles
6 Articles
On the 2nd, the KOSPI successfully rebounded after recovering from an early decline. Despite the fallout from the sharp drop in US semiconductor stocks, buying by pension funds and other corporations appears to be supporting the market's bottom. Prior to the market opening, concerns arose that a "Black Monday" could recur due to negative news from the US, but investor anxiety seems to have eased somewhat as the index turned upward during the ses…
(Seoul = Yonhap News) Reporter Lim Eun-jin = The KOSPI turned upward during trading on the 2nd and is moving in a slightly bullish range.
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