South Korea's Kosdaq jumps 5%, triggering buying curb
13 Articles
13 Articles
(Seoul = Yonhap News) Reporter Kim Yu-hyang = On the 16th, as the KOSDAQ surged more than 5% during trading just one day after a sharp decline, the temporary suspension of program buying orders (mae...) in the KOSDAQ market
The KOSPI, which plummeted more than 7% the previous day, showed signs of a rebound in early trading on the 16th. The index opened at 5,653.99, up 99.77 points (1.80%) from the previous day, and as of 9:05 AM, it is trading at 5,652.15, up 97.93 points (1.76%). Institutional and foreign investors are showing a selling bias.
The KOSPI index, which had been falling for seven consecutive trading days, opened at 5,653.99, up 1.8%. Samsung Electronics and SK Hynix are leading the rebound with gains in the 1% range, and investors are focusing their attention on whether the market trend will lead to a rebound.
KOSPI Rebounds Above 5,600 After Seven-Day Slide
On the Afternoon of Oct. 16, the KOSPI and KOSDAQ indices are displayed on the electronic board at the convenience room of Hana Bank headquarters in Jung-gu, Seoul. (Yonhap) After the Promised Crash That Shook the Domestic Stock Market the Previous Day, The Domestic Stock Market succeeded in a Dramatic Rebound on Friday, Oc. 16, as Strong Bargain Hunting Filled in. The domestic stock market, which had plummeted more than 7% with circuit breakers…
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