KOSPI Slips Below 7,000 as External Risks Rattle Investors
4 Articles
4 Articles
KOSPI slips below 7,000 as external risks rattle investors
Korea's benchmark KOSPI reversed early gains to close lower Tuesday, as escalating geopolitical and trade tensions dampened investor sentiment. The benchmark KOSPI closed at 6,954.52, down 0.58 percent from the previous session. The index opened 0.72 percent higher and climbed above the 7,170 level in intraday trading, but plunged more than 120 points in the afternoon and gave up its earlier gains. Foreign and institutional investors net purchas…
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KOSPI Falls Below 7,000 After Intraday Surge
On the afternoon of Sept. 8, the KOSPI index and the won-dollar exchange rate are displayed on an electronic board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. (Yonhap) On Sept. 8, the domestic stock market achieved a sharp intraday rebound, soaring to the 7,170 mark, but turned downward at the end of the trading session, pushed down by growing external uncertainties and concerns over rising international oil prices, ulti…
The KOSPI closed lower, pushed down by net selling from individual investors. On the 8th, the KOSPI finished trading at 6,954.52, down 40.87 points (0.58%) from the previous day.
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