Today, both the KOSPI and KOSDAQ ended lower. The Korean stock market, which has been on the rise for a long time, has been braked. We will talk about the domestic (Korea) stock market on December 8, 2020.
Today, we are wondering whether the Korean stock market has entered a correction or whether it will take a break and then rise again. The spread of Corona 19 has raised anxiety and concerns over the supply and demand of vaccines have cooled the market.
KOSPI ended at 1.62% decline due to an increase in the number of organizations and foreigners buying together due to instability in the global stock market, the spread of Corona 19, and concerns over the supply and demand of vaccines. Although it fell due to the sale of both institutions and foreigners, the net purchase of individuals exceeded 1.1 trillion won, keeping the KOSPI 2700 line.
By industry, pharmaceuticals (-7.6%), non-metals (-2.7%), transportation equipment (-1.9%), and electric gas (-1.7%) were weak in order.
코스닥 마감 시황 (KOSDAQ closing market)
Likewise, the KOSDAQ closed down after 9 days due to the sale of both institutions and foreigners, mainly pharmaceutical stocks, due to concerns over the supply and demand of the Corona 19 vaccine. Individuals bought, institutions and foreigners sold. By industry, distribution (-11.9%), transportation equipment parts (-4.1%), pharmaceuticals (-3.5%), and other services (-2.5%) showed weakness.
환율과 유가 (Exchange rates and oil prices)
The won recorded 1,085.50 won (-1.00 won, -0.09%) without much change, and the international oil price (WTI) fell to 45.76$ (-1.1%) in 4 days due to the spread of Corona 19.
삼성전자 주가 전망 (Samsung Electronics Co Ltd, stock price prediction)
The share price of Samsung Electronics also fell slightly due to the overall decline in the Korean stock market. Samsung Electronics closed at 71,700 won (-1,200 won), while Samsung Electronics preferred stocks closed at 65,800 won (-900 won). As in yesterday, institutions and foreigners made mass sales, and it is believed that individual investors have received all of them.
Today's stock market content was written based on the KRX stock market briefing and is provided in Korean and English. Because it was written using Google Translate, there may be some mistranslations.
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