KOSPI surrenders the 3,000 mark in a day due to U.S. involvement in Middle East conflict
Summary
- It was reported that the KOSPI lost the 3,000 mark in a day due to U.S. involvement in the Middle East conflict.
- Foreign investors and institutions drove the index down by selling shares worth ₩61.9 billion and ₩13.7 billion, respectively.
- It was stated that investor sentiment deteriorated as a result of the U.S. attack on Iran and Iran’s move to blockade the Strait of Hormuz.
The KOSPI surrendered the 3,000 mark in a single day. The United States directly intervened in the Middle East conflict by attacking Iran, and in response, Iran brought out the card of blockading the Strait of Hormuz.
As of 9:01 a.m. on the 23rd, the KOSPI is trading at 2,988.63, down 33.21 points (1.1%) from the previous day.
Foreign investors are dragging down the index by selling ₩61.9 billion worth of shares in the main board market. Institutions are also selling ₩13.7 billion worth. Only individuals are making a net purchase of ₩81.0 billion.
On the 21st (local time), the United States used B-2 bombers to directly attack three of Iran’s nuclear facilities, resulting in Iran’s parliament deciding to blockade the Strait of Hormuz as the military conflict in the Middle East intensifies, leading to deteriorating investor sentiment.
Han Kyung-woo Hankyung.com reporter case@hankyung.com
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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