KOSPI and KOSDAQ start to fall...The won-dollar exchange rate soars against the U.S. dollar.

2025.01.13. AM 09:32
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The KOSPI started lower on net selling by foreigners and institutions.

The KOSPI opened 0.3% lower at 2,508.15 as U.S. employment data came in higher than expected and expectations for a U.S. rate cut retreated.

The KOSDAQ opened 0.54 percent lower at 713.98 amid institutional net selling.

On the Seoul foreign exchange market, the won-dollar exchange rate started at 1,473.2 won and was trading in the early 1,470 won range, up 8.2 won on rising U.S. Treasury yields.




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