KOSPI Gives Back '7,000 Points' in a Single day... KOSDAQ Rises Nearly 3% (Roundup)
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4 Articles
(Seoul = Yonhap News) Reporter Lim Eun-jin = The KOSPI fell back below the 7,000 mark on the 6th, immediately after the National Foundation Day holiday, due to the burden of U.S. Treasury yields.
While the COSPI index was relieving from high interest rates, the KOSDAQ index surged 2% to close at 910 due to secondary batteries, semiconductors, and bio. On the 6th, the KOSDAQ index closed at 919.92, up 26.63 (2.98%) from the previous trading day. The index, which started at 902.16 on the same day, increased its rise due to intraday buying. Foreigners and institutions made net purchases of KRW 10.94 billion and KRW 10.2 billion respectively…
KOSPI Drops Below 7,000 on Foreigners' Selling
On the afternoon of Oct. 6, the won-dollar exchange rate, KOSPI and KOSDAQ indices are displayed on the electronic board at the dealing room of Hana Bank headquarters in Jung-gu, Seoul. (Yonhap) The domestic stock market, which opened on Oct. 6 right after the National Foundation Day holiday, saw the KOSPI index surrender the 7,000 mark in just one day as the weakness of large-cap semiconductor stocks coincided with heavy selling pressure from f…
The KOSDAQ index rose by over 2% during the trading session, surpassing the 910 mark. Jusung Engineering, which saw a gain in the 15% range, rose from fourth to second place in market capitalization.
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