Search result for kosdaq
S. KOREAN STOCKS MAY ADVANCE NEXT WEEK OVER Q1 CORPORATE EARNINGS
Highlights –
- S. Korean stocks may advance next week over Q1 corporate earnings.
- This week the KOSPI started with losses due to lifting the ban of short selling.
- On Friday, KOSPI closed at 3,197.2 points.
- In Q1 investors wel...
FSC TO PARTIALLY LIFT THE BAN ON SHORT SELLING OF LISTED STOCKS
Highlights –
- FSC to partially lift the ban on short selling of listed stocks.
- FSC from Monday onwards will lift the ban on 200 large-cap firms listed on the main KOSPI.
- Short selling ban will be lifted from 150 firms listed on the sec...
S. KOREAN STOCKS ENDED UP OVER INCREASE IN VALUATION
Highlights –
- S. Korean stocks ended up over increase in valuation.
- KOSPI ended up 3.71 points or 0.12 points.
- KOSDAQ market ended at the highest in nearly 21 years.
- Samsung Electronics stocks lost 0.48 percent up 83,200 won...
S. KOREAN LISTED FIRMS SAW NET PROFIT INCREASE BY 20 PERCENT IN 2020
Highlights –
- S. Korean listed firms saw net profit increase by 20 percent in 2020.
- The combined annual net income 694 KOSPI-listed companies came to $56.25 billion.
- Around 479 firms were in black, and 215 firms suffered losses. ...
MICROBIOME BIOTECH FIRM GENOME & COMPANY AWAIT FINAL WORD BEFORE IPO ON KOSDAQ
- Still waiting to go public with its initial public offering (IPO) at tech-intensive KOSDAQ later this year, Genome & Company laid out the biotech firm's various business models and oncoming visions focusing on its microbiome-based immuno-oncology expertise at its IR event on Thurs...
KRX HOLDSBACK DECISION ON SILLAJEN EXPULSION FROM STOCK EXCHANGE
- South Korea’s solitary bourse agency KRX said Thursday that it would further renew possible delisting of biotechnology firm SillaJen only after a close review.
- SillaJen submitted its business activation scheme to the bourse agency last month.
The KRX&rsq...
SOUTH KOREA STOCK MARKET UPDATE - WEDNESDAY
Highlights –
- South Korean government declared several economic measures to counter the current COVID-19 crisis.
- The country’s benchmark indexes remained steady on Wednesday.
- KOSPI and KOSDAQ rose to a high for the first time thi...
INVESTORS BOUGHT SHARES WORTH $12.2 BILLION AMID – COVID-19
Highlights –
- Retail investors scooped up more than $12.2 billion worth of Korean stocks
- Many have taken out margin loans or borrowed money to buy shares
- Unpaid margin loans accounted for 5.83 percent of daily accounts retrievable so f...
KOMIPHARM YET TO GET APPROVAL TO TEST PANAPHIX DRUG – COVID-19
Highlights –
- Market observers wait for Komipharm drug test approvals, hoping to invest in company shares
- Korea Exchange has warned against unchecked fluctuations in coronavirus-themed stocks
- The company experienced an upward streak in...
RATE CUTS HELPS SOUTH KOREAN BOND MARKET
Highlights –
- U.S Federal Reserves’ rate cute helps stabilize the Korean bond market
- Chances are that Foreign capital may pull out of the Korean market if U.S rates go lower
- Federal Reserve slashed interest rates by half a perce...
TEMPORARY BAN ON SHORT-SELLING OF STOCKS – SOUTH KOREA
Highlights –
- Temporary ban on short-selling stocks in the South Korean market
- FSC Korea and Korea Exchange to discuss defense measure for the market
- COVID-19 impact fear on the economy
Due to excessive fear of COVID-...
SOUTH KOREAN STOCK OPEN HIGH DUE TO U.S. FED. CHAIRMAN’s COMMENT
Highlights –
- U.S Federal Reserve Chairman hinted on possible rate cut
- South Korean stock market opened higher on March 2 due to the comment
- Rate cuts due to COVID-19
On Friday (U.S. Time) U.S. Federal Chairman Jerom...
SOUTH KOREAN COMPANIES EXPECTED TO LOOSE BIG FROM THE EPIDEMIC
Highlights –
- Investors are doubtful about improvement in the market due to COVID-19
- Major sectors take a hit in the stock market
- KOSPI and KOSDAQ sliding below the threshold limit
According to a study commissi...
SEOUL VIOSYS CO. AND PLAYD GETS OVERWHELMING IPO RESPONSES
HIGHLIGHTS –
- Despite COVID-19, Seoul Viosys Co. and PlayD gets a good response in KOSDAQ for IPO
- Retail subscription will start on March 6 for Seoul Viosys, and March 12for PlayD
- IPO priced at $4.71 apiece (Seoul Viosys), $7.03 (...
SOUTH KOREAN STOCK MARKET EXTENSIVE LOSS – COVID-19
Highlights –
- Increase in the number of patients – COVID-19
- Stock price index falling rapidly
- Major conglomerates share prices drop
Due to COVID-19 South Korean Stocks are facing losses extensively until this l...
KOSPI -- KOSDAQ INDEX FALL, COVID-19, LIME ASSET MANAGEMENT FIASCO
Highlights –
- Lime Asset management fiasco disrupting market
- KOSPI – KOSDAQ index fall
- Investigation on the asset management company
South Korean local stock markets have come to halt due to COVID-19. According ...