Business · Markets · 1 hr ago

South Korea’s Kospi and Kosdaq rise after opening lower

South Korea’s Kospi and Kosdaq rise after opening lower

South Korea’s Kospi turned higher after opening lower on Nov.

2.

By 10:10 a.m.

local time, it was up 1.37% at 5,809.06, after starting the day down 1.62%.

The Kosdaq, a second major South Korean stock index, also rebounded to gain 1.05%.

On the main market, institutional investors were buying shares while individual and foreign investors were selling.

Share moves were mixed: SK Hynix rose, while Samsung Biologics fell.

The figures are a snapshot from the morning session, and the indexes were still trading as the Kospi tried to hold above 5,800.

2 sources

Related