KOSPI Zigzagged All Week. Samsung Ended Flat.
KOSPI changed direction every session Oct. 19–23 and fell 2.08% for the week, while Samsung ended flat and SK hynix rose 0.39%. KOSDAQ lost 5.42%.
Market Trends
Korea’s Listing Rule: Seoul Said U.S. IPOs Count Too
Seoul’s top financial regulator said Oct. 22 its duplicate listing rule covers U.S. IPOs. The next morning, SK hynix stopped reviewing a Solidigm IPO.
How Korea’s New Margin Cap Met a Shrinking Pile of Debt
Korea’s 15% per-stock margin rule took effect Oct. 19. Brokers set different hurdles for Samsung and SK hynix as margin debt fell 11% in six sessions.
KOSPI Fell 39% From June. Korea Still Eyes Hikes.
KOSPI closed 39% below its June peak on Oct. 20, yet surveys expect the Bank of Korea to hold rates at 3.00% on Oct. 22. What to watch, and next week’s dates.
KOSPI’s 14% Crash Week Came With a Stronger Won
KOSPI fell 14.46% in the week to Oct. 16 as foreigners sold about ₩11 trillion, yet the Korean won ended 0.53% stronger. The scoreboard, and why it matters.
Korea’s Crash Week: Seoul Talked About Debt First
KOSPI fell 20.7% in seven sessions. What Korea’s central bank, regulators and pension fund said, day by day: the focus was margin debt, not prices.
How Korea’s KOSPI Lost 20.7% in Seven Sessions
KOSPI fell 7.57% on Oct. 15 and tripped a circuit breaker. It is down 20.7% in seven sessions; Samsung Electronics and SK hynix fell further since June.
KOSPI Fell 5.5%. The Buybacks Are Ending.
KOSPI fell 5.46% on Oct. 13, its fifth straight drop. Samsung’s ₩15 trillion buyback ended Oct. 6; SK hynix’s was 84% done by Oct. 6. What to watch this week.
Korea’s KOSPI Fell Harder Each Day of a Three-Day Week
Korea traded only three sessions this week. KOSPI fell 0.89%, 1.98%, then 2.62%, 5.39% in all, while KOSDAQ ended down 0.11%. What it means for EWY holders.
Korea’s Leveraged Chip ETFs: Its Regulator Said Sorry
Korea’s financial regulator chief apologized for losses on leveraged Samsung and SK Hynix products. What was said, what is disputed, and what it means for EWY.