English < Article List - DigitalToday

Search results for Volatility

Finance

Foreign and institutional selling of 4.5 trillion won sends KOSPI down 3.26 percent

South Korea\'s KOSPI fell 3.26 percent on Sept. 14, dropping below 6,700 as foreign investors and institutions sold heavily. Foreigners net sold 3.2875 trillion won and institutions 1.1715 trillion won, for combined net selling of 4.4590 trillion won, while individuals bought 2.9722 trillion won. Samsung Electronics and SK Hynix led losses. The won weakened to 1,346.70 per dollar. The KOSDAQ also fell.

Finance

Korea Exchange opens after-market, extends KOSPI and Kosdaq trading to 8 p.m.

The Korea Exchange has opened an after-market for the KOSPI and Kosdaq from 4 p.m. to 8 p.m., replacing the previous after-hours single-price session with continuous trading. A total of 38 brokerages plan to participate. The move brings the exchange into direct competition with Nextrade, which already runs an after-market until 8 p.m. Some stocks and products, including ETFs and ETNs, are excluded.

Finance

KOSPI falls below 6,700 as foreigners sell 1 trillion won, shares slump more than 3 percent early

South Korea\'s KOSPI fell more than 3 percent in early trading on Sept. 14, dropping below 6,700 as foreign and institutional investors sold shares. At 9:22 a.m., the index was down 217.54 points, or 3.15 percent, at 6,692.37. Foreigners were net sellers of 980.2 billion won, while individuals were net buyers of 1.14 trillion won. Semiconductor stocks led declines and the won weakened to 1,345.60 per dollar.