Stock and bond markets in Japan and South Korea fell across the board, with the South Korean stock market closing down over 6%
Svmuu reported that market risk appetite has eased. South Korea's KOSPI index closed down 6.12% on Friday at 7,493.2 points. During the session, the index briefly broke through the 8,000-point mark to hit a record high before continuously pulling back. There was a clear outflow of funds from the technology sector, with SK Hynix falling 7.66% and Samsung Electronics dropping 8.61%. Japan's Nikkei 225 index closed down 1.99% at 61,409.29 points. The Japanese yen and South Korean won weakened, with the dollar-won exchange rate breaking below the 1,500 level, while government bond yields in both countries moved higher. (Jin Shi)
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Source:Odaily · Source Link
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