Input 2021.03.05 12:05
On this day, the KOSPI index fell 1.61% (48.98 points) to 2994.51 as of 11:32 am. The index, which started at 3002.86, fell to 2999.77 at 9:9 a.m. and then moved up and down the 3000 line. Since then, it has maintained the 2990 line as it has increased its decline.
In the securities market, individual investors net purchase 1.392 trillion won, while foreign and institutional investors net sell 369.5 billion won and 6375 billion won, respectively. Most of the assets of institutional investors come from financial investment accounts (479.2 billion won).
Lee Jin-woo, a researcher at Meritz Securities, said, “The US stock market plummeted because Jerome Powell’s remarks weren’t what investors wanted,” he said. “Until the Fed policy is outlined, the market is likely to be unstable.” said.
On the previous day, at the Wall Street Journal (WSJ) jobs summit held by video, Chairman Powell repeated the view that he would maintain easing monetary policy for a considerable period of time and did not specifically express his willingness to respond to the suppression of market interest rates.
All stocks with the top market cap are falling. Samsung Electronics (005930)Is 0.85%, SK hynix (000660)Is falling 2.11%. Representative information technology (IT) growth leader NAVER(035420)Wow Kakao (035720)sms rkrrkr is down 4.85% and 3.32%.
Lee Moon-jong, senior researcher at Shinhan Financial Investment, said, “As the US Treasury bond rate rises, growth stocks that are adversely affected by the rise in interest rates in the US stock market have fallen.”