Korea’s stock market needs more than quick fixes
Published . Updated .
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This report is about South Korea.
Directly affected
- No company is named in this report.
Indirectly affected
- EWY iShares MSCI South Korea ETF-17.3% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”).
- SKHY SK hynix
SK hynix (semiconductors and related devices) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares.
- KB KB Financial Group
KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares.
- SHG Shinhan Financial Group
Shinhan Financial Group (national commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares.
- PKX POSCO Holdings
POSCO Holdings (steel works, blast furnaces and rolling mills (coke ovens)) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWY | -0.41% | +3.52% | base | after close | after close | after close | after close |
| SKHY | +2.07% | +8.10% | base | after close | after close | after close | after close |
| KB | -3.06% | -2.34% | base | after close | after close | after close | after close |
| SHG | -2.71% | -3.11% | base | after close | after close | after close | after close |
| PKX | -1.29% | +1.32% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Korea’s stock market needs more than quick fixes Korea JoongAng Daily
Source: Korea JoongAng Daily
This story
| Company | When | Move | Status |
|---|---|---|---|
| EWY | three days earlier | +3.52% | final price |
| EWY | five days earlier | -0.41% | final price |
| KB | three days earlier | -2.34% | final price |
| KB | five days earlier | -3.06% | final price |
| PKX | three days earlier | +1.32% | final price |
| PKX | five days earlier | -1.29% | final price |
| SHG | three days earlier | -3.11% | final price |
| SHG | five days earlier | -2.71% | final price |
| SKHY | three days earlier | +8.10% | final price |
| SKHY | five days earlier | +2.07% | final price |
How solid “Korea’s stock market needs more than quick fixes” looks
12 out of 100
“Korea’s stock market needs more than quick fixes” scores 12 out of 100. The score uses 1 sources.