Regarding the fact that the KOSPI index exceeded the 3000 line in 13 years, Eun Seong-soo, chairman of the Financial Services Commission, said, “We will continue to work harder to strengthen this positive trend.”
Seongsu Eun, Chairman of the Financial Services Commission Photo = Yonhap News
Chairman Eun said at a weekly business meeting held at the government office in Seoul that day, “The reason that the KOSPI exceeded the 3000 line is largely due to the recovery of our economy and corporate performance.”
“The government has prevented economic shock and financial market instability early through preemptive and drastic economic countermeasures and quarantine measures.”
Chairman Eun emphasized, “The fact that KOSPI exceeded the 3100 line on this day contributed greatly to the contribution of foreign net buying.”
He said that he would play a role as a safety plate in the financial market by actively responding to the ongoing new coronavirus infection (Corona 19) crisis and uncertainty. It also expressed its intention to strengthen innovation activities that will promote product development and listing to make the domestic capital market an attractive investment destination.
Chairman Eun said, “We will strictly respond to illegal and unsound acts in the capital market that undermine investors’ trust. We will also strengthen policy efforts so that market liquidity can flow into the real world.”
Yoon Jin-woo, reporter at Hankyung.com [email protected]
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