[Economy pick] "Trump shock"...2,450 collapsed and 1,410 won was opened.

2024.11.13. PM 5:10
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[Anchor]
The second topic is also about Trump.

'Trump Shock'...2,450 collapsed and 1,410 won was breached.

It's about the domestic stock market and the foreign exchange market.

The financial market was bad again today, right?

[Reporter]
Yes. Both the KOSPI and KOSDAQ indexes fell sharply.

The KOSPI fell below 2,500 yesterday (12th), and today (13th) closed at 2,417.08, down more than 2% from the previous trading day.

The KOSDAQ index also fell below the 700 mark in two months.

It closed at 689.65, down nearly 3% from the previous trading day.

Domestic stock markets have continued to fall alone while major stock markets around the world are continuing their "Trump Rally."

Above all, individual investors who are disappointed in the domestic stock market are escaping to the U.S. market or the virtual asset market, which is a factor in the spread of KOSPI supply and demand.

Market bellwether Samsung Electronics seems to be leading the decline, falling more than 4%.

'National Stock' Samsung Electronics' stock price is 5,600 won based on the closing price, and even 50,000 won is in jeopardy.

Comparing with the Tesla stock price trend mentioned earlier in the first topic, we can see that it is in contradiction.

It seems that the stock price trend is representing Korea's stock market, which is marginalized alone, but now even investors are worried about "40,000 electronics."

[Anchor]
The won-dollar exchange rate was also high today, right?

[Reporter]
Yes, the foreign exchange market is also seeing the impact of Trump's election growing.

The won's exchange rate against the dollar surpassed 1,410 won again for the first time in more than two years following September 2022.

It exceeded 1,400 won per dollar, the psychological defense line, in a day.

Amid growing trade disputes and inflation concerns as Trump puts forward his own priority, investors expect Trump's pledges to call for a strong dollar.

However, some predict that if uncertainty is resolved to some extent after the Trump administration is officially launched in January next year, it could try to rebound.

Of course, there are still concerns that the volatility of the foreign exchange market will increase if Trump strongly pushes forward with his pledges.



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