Search results for VKOSPI
Finance
Will the KOSPI settle above 7,000 after roller-coaster moves? September outlook
After a record plunge and rebound in July, South Korea\'s KOSPI marked time in August as volatility eased. September direction is expected to hinge on whether U.S. long-term yields stabilise, foreign funds return and gains broaden beyond semiconductors. Analysts cite improving profit forecasts, low forward valuations and rising shareholder returns as supportive. Risks include higher U.S. rates and foreign selling, while key U.S. data and Fed meetings will guide rate expectations.
Finance
KOSPI triggers sell sidecar after over 5 percent plunge; Samsung Electronics, SK Hynix fall
South Korea\'s KOSPI fell more than 5 percent soon after the open on Tuesday, triggering a sell sidecar that temporarily halted program sell orders on the main board. As of 9:09 a.m., the index was down 381.32 points, or 5.64 percent, at 6,374.43. Foreign investors and institutions were net sellers, while retail investors bought. Samsung Electronics and SK Hynix fell, while Samsung Biologics rose.
Finance
Regulators move to tighten rules for single-stock leveraged ETFs
South Korea\'s financial authorities have begun reviewing rules for single-stock leveraged exchange-traded funds, which have been cited as one factor behind rising KOSPI volatility. Measures under consideration include raising the basic margin deposit to 30 million to 50 million won from 10 million won, expanding mandatory education and requiring simulated trading and exams. Officials are also discussing limits on new listings, tighter liquidity provider quote rules and stricter controls on tracking error rates.
