Blue House Says It Won’t Be Swayed by Kospi’s Nearly 5% Drop
Korea Economic Daily
Summary
- The Blue House said it would not be swayed by index moves even after the Kospi fell nearly 5%%.
- The Blue House said it would focus on establishing a fair market order and fundamentally improving the capital market.
- The Kospi closed at 7,730.82 on June 10, down 366.11 points, or 4.52%%, from the previous session, and a sell-side sidecar was triggered during trading.
Forecast Trend Report by Period
South Korea’s presidential office said on June 10 it would not be swayed by market swings after the Kospi slid nearly 5%.
In a notice to the media, the Blue House said it would focus on establishing a fair market order and fundamentally improving the capital market.
The Kospi closed at 7,730.82 on June 10, down 366.11 points, or 4.52%, from the previous session. Losses widened enough during the session to trigger a sell-side sidecar.
Go Jeong-sam, Hankyung.com reporter, jsk@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
