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KOSPI Tumbles 25 pct in 2022 amid Policy Tightening, Recession Worries

KOSPI Tumbles 25 pct in 2022 amid Policy Tightening, Recession Worries

SEOUL, Dec. 29 (Korea Bizwire) — South Korean stocks ended the year 2022 sharply down, marking the first annual loss in four years on global monetary tightening and economic recession woes. On Thursday, the last trading session of this year, the benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,236.40 points, down 1.93 percent [...]

Seoul Stocks Likely to Advance Next Week on Eased Fed, Ukraine Woes

Seoul Stocks Likely to Advance Next Week on Eased Fed, Ukraine Woes

SEOUL, March 19 (Korea Bizwire) — South Korean stock markets are expected to gain ground next week, as investors are likely to snap up oversold stocks amid eased uncertainty about the U.S. monetary policy and optimism for the Russia-Ukraine peace talks, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,707.02 [...]

Seoul Stocks Likely to be Volatile Next Week amid Lingering Ukraine Uncertainties

Seoul Stocks Likely to be Volatile Next Week amid Lingering Ukraine Uncertainties

SEOUL, March 12 (Korea Bizwire) — South Korean stock markets are expected to continue to face volatile sessions next week, primarily due to persistent uncertainties in Ukraine and the upcoming monetary policy meeting by the U.S. Federal Reserve, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,661.28 points Friday, down [...]

Seoul Stocks Likely to be Volatile Next Week amid Ukraine Uncertainties

Seoul Stocks Likely to be Volatile Next Week amid Ukraine Uncertainties

SEOUL, March 5 (Korea Bizwire) — South Korean stock markets are expected to continue to face volatile sessions next week, largely on persistent uncertainties in Ukraine and the U.S. Federal Reserve’s stance on its monetary policy, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,744.52 points Friday, up 0.14 percent [...]

Seoul Stocks Likely to Fluctuate over Ukraine Risk: Analysts

Seoul Stocks Likely to Fluctuate over Ukraine Risk: Analysts

SEOUL, Feb. 19 (Korea Bizwire) — South Korean stock markets are expected to continue to face volatile sessions next week, largely on persistent uncertainties about the U.S.-Russian military standoff over Ukraine, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,744.52 points Friday, little changed from 2,747.71 points a week ago. [...]

Seoul Stocks Likely to Fluctuate Next Week on U.S. Price Pressure Concerns

Seoul Stocks Likely to Fluctuate Next Week on U.S. Price Pressure Concerns

SEOUL, Feb. 12 (Korea Bizwire) — South Korean stocks are likely to fluctuate in a broad range as investors digest the high-flying inflation rates in the United States, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,747.71 points Friday, little changed from 2,750.26 points a week ago. The key stock [...]

Seoul Stocks Likely to Begin Gradual Rebound Next Week: Analysts

Seoul Stocks Likely to Begin Gradual Rebound Next Week: Analysts

SEOUL, Jan. 15 (Korea Bizwire) — South Korean stocks are likely to start gradually picking up next week after the recent plunge from U.S. inflation woes, analysts said Saturday, expecting an increase in chip demand and liquidity in the stock market. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,921.92 points Friday, down [...]

Seoul Stocks May Come Under Selling Pressure Next Week: Analysts

Seoul Stocks May Come Under Selling Pressure Next Week: Analysts

SEOUL, Jan. 8 (Korea Bizwire) — South Korean stocks are likely to come under downward pressure next week amid concerns that the U.S. Federal Reserve’s tapering policy may be harsher than expected, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,954.89 points Friday, down 0.76 percent from last Thursday, the [...]