Kospi Falls 1%, Drops Below 9,000 at Open; Kosdaq Edges Up
Korea Economic Daily
Summary
- The Kospi opened in the 8,900s after falling about 1%%, breaking below the 9,000 level.
- The Kospi fell to 8,954.43 in early trading before trimming its loss to 9,021.49.
- At the same time, the Kosdaq index rose, while the won-dollar exchange rate opened at 1,530.9 won.
Forecast Trend Report by Period
The Kospi fell about 1% on June 22, opening in the 8,900s.
According to the Korea Exchange, the benchmark Kospi stood at 9,021.49 as of 9:07 a.m., down 0.34% from the previous session. The index opened at 8,954.43, down 1.08%, and later trimmed some of its losses.
At the same time, the Kosdaq index rose 0.33% to 969.79. In Seoul's foreign-exchange market, the won-dollar exchange rate opened at 1,530.9 won, up 3.9 won from the previous session.
Kang Kyung-ju, Hankyung.com reporter qurasoha@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.
