[마감 시황] KOSPI retreats to 2,500 points in two months due to combined adverse factors of U.S. interest rates and Middle East crisis

2024-04-17 06:54:47

Uncertainty in the stock market increases due to expectations of an interest rate cut.

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On the afternoon of the 17th, when KOSPI showed weakness for four consecutive days, the KOSPI and KOSDAQ index and the won-dollar exchange rate are displayed on the status board in the dealing room of Hana Bank’s main branch in Jung-gu, Seoul. yunhap news

The KOSPI index retreated to the 2,500 level in two months due to a combination of adverse factors such as US price instability and the Middle East crisis. It recovered to the 2600 mark during the day, but the fall increased further in the afternoon.

According to the Korea Exchange on the 17th, the KOSPI index recorded 2,584.18, down 25.45 points (0.98%) from the previous trading day. On this day, the KOSPI index started at 2,619.15, up 9.52 points (0.36%) from the previous day, but fell to the 2,500 level in the morning. Afterwards, it recovered to the 2600 level in the afternoon, but ultimately closed at the 2500 level.

It has been two months since February 6 that the KOSPI index fell to the 2,500 level. The decline in the stock market on this day was led by foreign and institutional investors. Foreign and institutional investors net sold 183.4 billion won and 201.3 billion won, respectively, while individual investors net bought 361 billion won.

Kyeong-min Lee, a researcher at Daishin Securities, explained, “With the recent U.S. March price index exceeding expectations and the hawkish remarks of U.S. Federal Reserve Chairman Jerome Powell, uncertainty in the stock market has expanded amid declining expectations of an interest rate cut.” .

Chairman Powell said the latest inflation data “shows a lack of further progress toward returning to the 2% inflation target,” and added, “It is likely that it will take longer than previously expected to reach greater confidence that inflation will fall to 2%.” He said.

The top KOSPI market capitalization stock on this day was Naver (NAVER(035420) financial analysischart areaView Details)(+0.06%), all showed a downward trend. Samsung Electronics (005930) financial analysischart areaView Details(-0.37%), SK Hynix (000660) financial analysischart areaView Details(-0.22%), LG Energy Solution (373220) financial analysischart areaView Details(-0.41%), Samsung BioLogics (207940) financial analysischart areaView Details(-1.15%), Hyundai Motors (005380) financial analysischart areaView Details(-3.51%), Kia (000270) financial analysischart areaView Details(-1.39%), Celltrion (068270) financial analysischart areaView Details(-0.58%), POSCO Holdings (POSCO Holdings (005490) financial analysischart areaView Details)(-2.50%), Samsung SDI (006400) financial analysischart areaView Details(-0.13%), etc.

The KOSDAQ index closed at 833.03, up 0.22 points (0.03%) from the previous day. The top KOSDAQ market capitalization stocks are: Ecopro BM (247540) financial analysischart areaView Details(-2.49%), Eco Pro (086520) financial analysischart areaView Details(0.00%), HLB(028300) financial analysischart areaView Details(-2.00%), Alteogen (196170) financial analysischart areaView Details(-4.46%), Enchem (348370) financial analysischart areaView Details(-9.19%), Reno Industrial (058470) financial analysischart areaView Details(+1.91%), HPSP(403870) financial analysischart areaView Details(+3.41%), Celltrion Pharmaceutical (068760) financial analysischart areaView Details(-2.44%), Rainbow Robotics (277810) financial analysischart areaView Details(+1.03%), EO Technics (039030) financial analysischart areaView Details(-1.61%), etc.