Amidst the state of emergency declared by President Yoon Suk-yeol and the ongoing impeachment crisis, on the 18th, the KOSPI and KOSDAQ indices are experiencing a rare increase.
As of 9:06 a.m. on this day, the KOSPI index recorded an increase of 17.01 points (0.69%) to reach 2473.82 compared to the previous transaction day. The KOSPI index opened at 2463.06, up 6.25 points (0.25%) from the previous transaction.
Most of the top market capitalization stocks are lit with 'red lights.' While Samsung Electronics, the leading semiconductor stock, is up 0.37%, SK Hynix is down 0.16%. Samsung Biologics is also seeing a decrease in its stock price.
Additionally, LG Energy Solution, Hyundai Motor, Celltrion, Kia, Samsung Electronics preferred shares, and NAVER are all seeing increases in their stock prices. In particular, KB Financial is up 2.01%.
At the same time, the KOSDAQ index is trading at 696.49, up 2.02 points (0.29%). The KOSDAQ index opened the market at 694.94, up 0.47 points (0.07%) from the previous transaction.
Looking at the top 10 market capitalization stocks, Alteogen, Ecopro BM, HLB, Ecopro, Hugel, Classys, Shinseong Delta Tech, and Enchem are all seeing increases in their stock prices. In contrast, Ligand Pharmaceuticals and Lino Industry have all seen declines in their stock prices.
On the 17th (local time), major indices in the U.S. New York stock market closed down across the board. This appears to be due to heightened caution among investors ahead of the Federal Reserve's final monetary policy decision of the year.
On this day, the Dow Jones Industrial Average, centered on blue-chip stocks, closed at 43,449.90, down 267.58 points (0.61%) from the previous day. The Dow index had surpassed the 45,000 mark for the first time on the 4th but has declined for nine consecutive transactions since the 5th, marking the longest drop since 1978.
On this day, the Standard & Poor's 500 index, centered on large-cap stocks, closed at 6,050.61, down 23.47 points (0.39%) from the previous transaction. The Nasdaq index, focused on technology stocks, finished at 20,109.06, down 64.83 points (0.32%) from the previous transaction.
On this day, big tech companies Apple, Alphabet (parent company of Google), and Tesla once again hit record highs during trading, but were unable to lift the overall market. Nvidia, a leader in artificial intelligence, has entered a correction phase and has fallen to its lowest level since early October.
On this day, the won-dollar exchange rate started at 1,439.0 won, up 0.1 won from the previous transaction. (The value of the won is declining.)