KOSPI 8,476.48rebounded to 900recovered the line
KOSPI rose to 8,476.48rebounding to 3and closed higher for the first time in 916.18and closed at 900and held the line. However, KOSDAQ trading volume was halved for the first time in two months, and one of the KOSDAQ-listed companies 4reported a research-and-development spending ratio of 0%.
KOSPI rose to 8,476.48rebounding and closing higher after 3trading days. The index rebound that day is a movement that could affect short-term trading sentiment.
The Korea Composite Stock Price Index 0.97% higher at 8,476.48closed the session. KOSDAQ 916.18closed at 0.48% lower.
KOSDAQ started the session at 925.21and posted a 0.50% gain in morning trading. Thereafter, the index fluctuated around the 900line.
Recently, KOSDAQ recovered the 900line. Over the same period, trading volume fell to about half its level in just two months.
In the market overview, the won–U.S. dollar exchange rate closed at 1,549.4won, up 4.2won from the previous day.
The survey found that among KOSDAQ-listed companies, 4out of every 0% reported their R&D expenses as a share of total spending. This figure shows that R&D investment varies widely among listed companies.
The index rebound, decline in trading volume, and the state of R&D spending as a share of total spending were observed as factors that increased the range of gains and losses by stock during the day’s session. It is necessary to monitor how these indicator changes continue in the next trading session.