KOSPI
KOSPI Falls Below 5000 Points After AI Stock Sell-Off in the US
The South Korean stock index KOSPI lost over 8% in the first minutes of trading on November 6, triggering a 20-minute automatic halt of the exchange. The decline hit semiconductor manufacturers Samsung Electronics and SK Hynix the hardest. By the close, the index had recovered some of its losses.
South Korea's GDP Grows by 1.0%, but KOSPI Index Continues to Decline
Despite South Korea's GDP growth of 1.0%, the KOSPI index has decreased by 8.5% over the past three months. Economic factors analysis.
Bitcoin Approaches $82,000 Amid Market Recovery
On Wednesday, BTC rose to $81,687, while the KOSPI gained 6.63% and returned above 6000 points for the first time since October 14. Liquidity tightened around $79,000–$80,000, but resistance around $82,000 remains. The Fed is expected to maintain the rate.
Tech Stocks Under Pressure Again: KOSPI -3.5%, Elice -33% on First Day
Analysis of the pressure on tech company stocks amid concerns over artificial intelligence and the falling dollar.
KOSPI Index Rises by 3.31%
The KOSPI Index increased by 3.31% amid growing concerns over the Fed's rate hike and its impact on the stock market.
KOSPI opened down 7.28% after US inflation data
Analysis of the KOSPI index decline amid rising inflation in the US and its impact on the stock market
KOSPI fell by 5.46% due to the sell-off of Samsung and SK Hynix stocks
On October 13, the KOSPI stock index dropped by 5.46% due to the sell-off of Samsung and SK Hynix stocks amid increasing competition in semiconductors.
Tom Lee Warns of Potential Impact of KOSPI Decline on Cryptocurrency
BitMine co-founder Tom Lee stated that the decline of KOSPI could negatively affect cryptocurrency markets. Find out all the details.
KOSPI Fluctuates Near 7000, Bank of Korea Records Peak Volatility
KOSPI recovered to 7058 points after falling to 6920. The Bank of Korea recorded daily volatility of 4.1%, the highest among global markets.