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Finance & Markets

Emerging-Market ‘Fear Gauge’ Drops as Korea’s Tech Fever Breaks

Volatility in emerging-market stocks is dropping at the fastest pace in more than six years as growing investor caution and tighter government curbs cool demand for the biggest Korean tech companies.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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[Closing Market] KOSPI Settles Above 6,910 on Foreign, Institutional Buying

On Aug. 27, the domestic stock market closed on a positive note, showing a steep upward trend driven by the combined buying momentum of foreign and institutional investors.

  • KOSPI index closed above 6,910, up 1.53% from previous day
  • Foreign and institutional buying drove market gains, especially in semiconductors and IT stocks
  • KRW/USD exchange rate settled at low 1,380 won range, down slightly from previous day

More from Thursday 27 August →