KOSPI, Oil Prices Plummet

The KOSPI rose on March 14, but is dropping due to the plunge in international oil prices.

At 10 am on the day, the KOSPI closed down 5.44 points (0.26 percent) from the previous trading day to 2,065.79.

The index jumped 0.18 points, or 0.01%, to 2,071.41.

The West Texas crude oil (WTI) plunged 7.1 percent on Friday (July 13). The Dow Jones Industrial Average and the S & P 500 fell 0.40 percent and 0.15 percent, respectively, on the New York Stock Exchange.

Samsung Electronics (-0.90%), SK Hynix (-1.53%) and POSCO (-1.95%) were falling, while Celltrion (0.50%), LG Chemical (0.30%) and Hyundai Motor Is climbing.

In particular, Samsung Bio Logics (2.71%), which is expected to announce the results of the review by the Securities and Futures Commission on the same day, is showing an upward trend after the previous day.

By industry, transportation and warehouses (2.41%), electricity and gas (2.39%) and medical precision (1.92%) climbed. Construction industry (-1.90%), steel and metal (-1.42% The back is falling.

The KOSDAQ index fell 2.76 points (0.41%) to 668.09 from the previous trading day.

The index was down 0.60 points (0.09%) from the previous day to 670.25.

Foreign investors and institutional investors are net selling 40.7 billion won and 47.8 billion won, respectively, while individuals in the Kosdaq market are net buyers of 95.5 billion won.

Among the top-ranking cities, Shilla Zen (-1.18 percent), CJ ENM (-2.69 percent), POSCO Chemtech (-2.56 percent) and Hitchi Libby (-0.24 percent)

Celltrion Healthcare (0.50%) and Pearl Abys (0.70%) are among the top 10 brands.


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