KOSPI Opens at 6,802.5, Down 3.29% on Pressure From High Oil Prices and Interest Rates
5 Articles
5 Articles
On the 11th, the KOSPI opened at 6,902.5, plunging 3.29% due to negative factors such as high oil prices and high interest rates. Samsung Electronics and SK Hynix also saw declines in the 3–4% range. This is the result of dampened investor sentiment as international oil prices surged amid concerns over supply disruptions in the Middle East, and U.S. Treasury yields hit their highest levels since 2007. While the securities industry acknowledges t…
(Seoul = Yonhap News) Reporter Lim Eun-jin = The KOSPI is expected to start lower on the 11th due to the burden of soaring oil prices and interest rates.
As tensions in the Middle East escalate and international oil prices once again surpass $100, impacting the domestic stock market, employees at the dealing room of Hana Bank's headquarters in Jung-gu, Seoul, on the 11th [discuss] the stock market and foreign exchange.
Foreigners Net Sell 342.8 Billion Won, Institutions Net Sell 451.6 Billion Won... Market Falls 2% Early on Weakness in Large-Cap Semiconductor Stocks [Digital Daily Reporter Kang Ki-hoon] The KOSPI is plunging more than 2% in early trading on the 11th due to simultaneous selling by foreign and institutional investors. As large-cap semiconductor stocks, such as Samsung Electronics and SK Hynix, fell by around 4%, the index dropped to the 6,800 l…
Three major US indices fall across the board… KOSPI night futures also weaken in the 3% range
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