June is drawing keen attention
The KOSPI started the week with an unstable appearance enough to threaten the collapse of the 2,500-point level. The KOSPI has also experienced a 74.78 point (2.80%) decline over the past week. The sluggish trend continued as it increased its fall further on the 13th, the first day of the week. On the same day, the KOSPI opened at 2550.21, down 45.66 points (1.76%) from the previous day, and maintained a decline of around 3% from the previous day. Last week, stock prices fell, which is also rare in the New York Stock Exchange. The Dow Jones 30 Industrial Average fell 4.58 percent and the Standard & Poor's and Nasdaq fell 5 percent. It was also foreigners who led the KOSPI's fall. Foreigners, who have already sold more than 2 trillion won in stocks this month until last week, strengthened their selling trend on the 13th. The biggest factor that encouraged their stock selling was the U.S. consumer price index for May released on the 10th (local time). The U.S. Depa...