Search results for Oh Sang-yeop
Finance
May stock market outlook: Earnings, jobs and oil prices set direction
Global stock markets including the KOSPI are extending record highs, while investors in South Korea focus on whether earnings and flows can sustain gains. Wall Street ended mixed on May 1 as the S&P 500 and Nasdaq hit records. Markets are watching U.S. April nonfarm payrolls and the jobless rate on May 8, with volatility possible. Semiconductor stocks remain central, while sector rotation and continued inflows via funds and ETFs are also in focus. High oil prices and the won-dollar exchange rate are key risks.
Finance
KOSPI breaks 6,400, sets new 52-week high again a day later
South Korea’s KOSPI broke above 6,400 on Tuesday and set a new record high again just a day after notching a 52-week high. The benchmark index ended up 29.46 points, or 0.46 percent, at 6,417.93 after opening slightly lower. Retail investors were net buyers, while foreign and institutional investors sold. The KOSDAQ also ended higher, and the won strengthened against the dollar.
Finance
KOSPI jumps more than 2 percent in early trade, Kosdaq also up 1 percent
South Korea\'s KOSPI rose more than 2 percent in early trading on April 6, hovering around the 5,480 level. As of 9:13 a.m., the index was up 110.96 points at 5,488.26 after opening higher. Institutions were net buyers, while individuals and foreigners were net sellers. Most large-cap stocks were higher, including Samsung Electronics and SK Hynix. The Kosdaq also gained 1.23 percent. The won weakened slightly versus the dollar.
-
Crypto
Bithumb faces record fine, says it respects regulator\'s decision and will fix issues
-
Finance
KOSPI falls below 5,500 on foreign, institutional selling
-
Finance
KOSPI edges up amid wild swings; Kosdaq jumps more than 3 percent
-
Finance
Samsung Asset Management says KODEX Silver Futures ETF returns top 50.5% since start of year
-
Finance
Brokerages revive cash promotions, but only for domestic stocks