Tuesday, February 21, 2017

[Closing market] Kospi, exports exceeded Surprise ... 2100 lines Trump 發 protectionism before the last train?



[Korea hyerin nine financial newspaper reporter] The KOSPI surpassed the 2100 lines in one year and seven months.

21 days Kospi Trump trade protectionism is being materialized before present, domestic exports to the US economic recovery had a positive impact thanks to dolahseomyeonseo. Interim exports to the Korea Customs Service announced February 20 was found to increase 26.2% yoy to US $ 27.7 billion. Considering the average daily operating days also it showed exports rose 9.9% YoY to 17.9 billion dollars.

Korea Investment & Securities bakjeongwoo researchers "Tobacco exports because the reasons for exceeding expectations is visible also adds volume recovery equally commenced export prices to recover from the second half of last year," he said, "the first half of geteuna lead the Export games cost recovery second half the amount recovered as a concern, so expect exports to lead the economic potential in the market deteriorate rapidly in the second half of the export game was not "explained high.

This is an unexpected surprise in exports can be explained that the groups gave pushing prices recover, leading the quantities recovered.

He 'dollar terms the domestic export prices to the fact that slow the upward trend of the first quarter after peaking' said, 'Assuming this year Brent based on an average oil price per barrel $ 55 export price is the second half of the vertices that YoY and 8.3% YoY in Q1 the decline, he said.

However, the 'export volume the first half of the average yoy increases the growth rate from 5.3% increase to 6.4% in the second half of the previous year' power of said, 'Even though there are internal and external policy uncertainty, but in the end the global economic recovery is the best that Korea's exports to lean on He said it would be a great prop.

The KOSPI index closed the day 18.54 points (0.89 percent) compared to the previous trading day rose 2102.93.

Foreign institutions and the securities market were net buyers of 158.6 billion won and 121.3 billion won, respectively, the individual has a 319.6 billion won net selling.

Foreigners are buying stocks were Korean Air (+110 billion), LG Innotek (+106 billion), LG Display, etc. (+103 million), selling stocks, Samsung Electronics (-182 million), Lotte Chemical (-122 million), KT & G It appeared as such (-91 billion).

On the other hand, institutions are buying stocks, POSCO (+260 million), Samsung Electronics (+239 million), SK Hynix was such (+230 million), stocks are selling LG Display (-135 billion), LG Chem (-100 million) It appeared as Samsung fire & Marine Insurance (-72 billion) and more.

By industry, securities (3.28%), transportation warehousing (2.24%), textile clothing (1.72%), construction (1.64%), banks (1.66%), iron and steel metals (1.36%), Retail (1.20%), financial services ( 1.16%), etc. was strong. Precision Medical (-1.48%), showed only weak electricity, gas (-0.04%).

Market capitalization stocks were also higher, most elevated, except for Korea Electric Power (-0.12%) and Hyundai Mobis (-0.38%).

Samsung Electronics (0.72%), Samsung jeonjawoo (0.72%), SK Hynix (2.00%), Hyundai (0.67%), Naver (NAVER) (1.15%), POSCO (POSCO) (1.41%), Shinhan Financial Group (1.29% ), Samsung C & T (2.44%) and climbed all.

The KOSDAQ index continued to flow continuously rising 5 trading days.

KOSDAQ index ended the day with 622.47 Chapter rose 2.50 points (0.40 percent) compared to the previous trading day. Private 50 billion, agencies have copies 1 billion, respectively, foreigners have sold 4 billion.

Won / dollar exchange rate in the Seoul foreign exchange market closed down 1.4 won 1146.7 wonwon compared to the previous trading day.



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