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Hello! this is HYE88 Investment.


We share the Closing status of the Korea Financial Financial Market on Oct. 7, 2020 at the service level.


Hope that its posting will help your investment purpose.



> Korea financial stock markets fall down in the morning due to U.S. President Donald Trump said that he would postpone talks of a new stimulus plan until upcoming USA elections. But afternoon, Because he urged Congress for approval of airline and small size enterprises supporting, investors sentiment improved and KOSPI & KOSDAQ Index ended rising


> Also, renewable energy sector was strong on news of rising approval ratings of U.S. presidential candidate Joe Biden.


> In addition, the chemical sector was strong due to the benefits of K-Green New Deal.


> Tomorrow, Samsung Electronics(K005930)'s preliminary earning may expect earning surprise IT sector strong.


> Lastly, Institutional net buying was caused passive money.


『Major headline』

- Hong nam-ki deputy prime minister of the economy mentioned "Expanded the transfer tax of million won to the largest shareholder, and will proceed as planned"(BreakNews)

- Naver slapped $23mn for foul play with search engine results in Korea(Pulse)

- Next year, Seven out of ten Korea New Deal projects are existing ones(연합)

- Korean Airline(KAL) begins preparing to transport COVID19 vaccines(증권경제)

- If Trump winning Korea, China, Japan invest or not India, Vietnam(조선비즈)

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'Project' 카테고리의 다른 글

[Closing Status] Oct. 5, 2020 Korea Financial Market  (2) 2020.10.06
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Hello! this is HYE88 Investment.


We share the Closing status of the Korea Financial Market on Oct. 5, 2020 at the service level.


Hope that this posting your help.



> Today morning, Korea stock market was strong due to the possibility of an early return USA President Donald Trump.


> But afternoon, Korea stock market fell down because of net selling by foreign investors due to strong yuan burden. However stock market`s Closing time get, foreign investors turned to net buying as a result KOSPI and KOSDAQ index ended rising.


> In addition, ahead the earning season, Forecasting 3Q performance positive companies(BBIG Sector) were spotlighted to investors.

 * BBIG : Battery, Bio, Internet, Game -> K-New Deal


"In subjective opinion, Because Korea stock market's volatility will increase, we should risk management and need to hedge."


【Major headline】

- Moon(Korea President) offers condolences to son of civil servant killed by North Korea.(The Korea Herald)

- KOREA Gov's to allow abortion in early stage of pregnancy.(The Korea Times)

- SK, Intel join hands to develop advanced chips. (SK hynix has launched its next-generation DRAM called DDR5 DRAM)(The Korea Times)

- Pompeo's Message in Japan : Countering China Is Meeting Face to Face(The New York Times)

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[Closing Status] Oct. 7, 2020 Korea Financial Market  (2) 2020.10.07

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