코스피, 반도체 과열 줄더니…‘변동성 지수’ -11% 뚝

Seoul's stock market, the KOSPI, has seen a significant decline in activity following the drop in semiconductor companies Samsung Electronics and SK Hynix. This shift has led to a decrease in investor sentiment and a reduction in trading volumes. The turnover rate of major listed stocks in the KOSPI fell to a 8-month low of 0.51% on November 11th.

This is a stark contrast to the 0.50% turnover rate seen at the end of August last year. The KOSPI’s volatility index, also known as the Korean-style fear index, dropped by 11.32% to 61.68 from the previous trading day. This is a 27% decrease compared to last month. The KOSPI has seen three consecutive days of gains, currently trading at 6,345.53 points, up 0.73% from the previous day.

The past week has seen fluctuations, with the KOSPI up 0.65% and the previous week down 0.60%. The index has returned to levels last seen a year ago, indicating a significant reduction in market momentum.