Wednesday, March 22, 2017

[Closing market] Kospi, 2160 lines 'dumping' ... "not significant future adjustments."



[Korea hyerin nine financial newspaper reporter] sat down with the KOSPI is 2160 lines.

22 days KOSPI fell more than 10 points on selling by foreign and institutional investors.

It affects the sale - taking the US stock market decline. Yesterday, the US dropped more than 3-1% and all major indices were raised concerns about a full-scale adjustment jangse. S & P500 index fell -1.24% compared to the previous day and recorded the maximum decline since last October. In particular, the financial sector plunged -2.9% and drove the stock market decline.

One financial investment assets lab Investor Relations team was "exponential upward momentum is rather to be slowing, but adjustments are expected to be minimal," saying, "In the short term, requires attention to the KOSDAQ, small caps price attractive," he evaluated. The current phase is of the opinion that it can be deployed in an attempt to fill the gap with large caps and small caps.

The KOSPI ended the day can land on 10.08 points (0.46 percent) compared to the previous trading day down 2168.30.

By principal trading in the securities market and foreign institutions were net sold 1279 billion yuan, 101.9 billion won, respectively. Individuals were net buyers of 183.7 billion won.

By sector, but the sector is rising, such as electricity, gas (2.44%), telecommunications (2.42%), textile clothing (0.95%), steel metal (-3.29%) and securities (-2.73%), transportation warehouse (-2.17%). , banks (-1.89 percent) fell.

Market capitalization stocks open higher was mixed.

Samsung Electronics ended the day down 0.23 percent to 2.123 million won compared to the previous trading day.

Hyundai day one, beating SK Hynix's market cap retake second place, there was no last-minute price fluctuations in the number of pages while entering orders continued to weaken since its opening.

In addition, Naver (NAVER) (- 2.53%), POSCO (POSCO) (- 4.27%), Shinhan Financial Group (-1.55%) and the depreciation was recorded, Samsung jeonjawoo (0.43%), Korea Electric Power Corporation (2.83%), Samsung C & T (0.37%), showed a strong and Hyundai Mobis (0.79%). SK Hynix succeeded in ohreumyeo rebounded 2.31%.

The KOSDAQ index also reversed declines.

The KOSDAQ index ended the day with Chapter 607.57 down 2.16 points (0.35 percent) compared to the previous trading day. Individuals in the KOSDAQ market, but net buying 519 million yuan, foreigners and authorities cleared each sold 217 billion won, 38.8 billion won.

Won / dollar exchange rate in the Seoul foreign exchange market closed at 1123.3 won rose 3.0 won compared to previous trading.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com