Search results for KODEX 200 Futures Inverse 2X
Finance
Inverse bets grow as South Korea\'s market slumps; inverse ETF daily turnover tops 2 trillion won
Trading in inverse exchange-traded funds is rising as South Korea\'s KOSPI falls for a seventh straight session. Turnover in KODEX 200 Futures Inverse 2X and KODEX Inverse totalled 2.42 trillion won on Oct. 15. Single-stock inverse products tied to Samsung Electronics and SK Hynix gained, while single-stock leverage products fell about 19 to 22 percent in a day and hit record lows for closing prices.
Finance
Iran-led oil shock sends KOSPI tumbling; watch oil price direction
South Korea\'s KOSPI plunged as worries spread that a sharp rise in oil prices sparked by the Iran situation could reignite U.S. inflation. The index fell 5.97 percent and a circuit breaker was triggered for the second time this month, the first such two-time activation within a month since March 2020. Oil prices jumped above $100 a barrel for WTI and above $116 for Brent and WTI. Analysts warned of heightened stagflation fears and foreign selling.
Finance
KOSPI era of 5,000 opens as retail investors who bet on a fall cry out
South Korea\'s KOSPI broke above 5,000 for the first time, rising as far as 5,019.54 on Jan. 22 on strong foreign buying. Over the past month, foreigners were net buyers of 4.4 trillion won and institutions bought 286.7 billion won. Retail investors were net sellers of 6.46 trillion won and funneled money into inverse ETFs. Key leveraged inverse products showed about 30 percent losses year to date.