讀後心得

The South Korean stock market fell last Friday, with the medical equipment sector index performing the worst, mainly affected by Trump's tariff measures. Foreign investors have been massively selling off since 2021, leading to a decline of 21.28 points in the KOSPI index, which closed at 2,465.42 points. Although the KOSDAQ index rose by 3.90 points, the overall market was poor, with mixed performances among different sectors. Global investors withdrew $4.2 billion, making South Korean stocks the most severely impacted by foreign capital withdrawal in the Asian market. In terms of individual stocks, Samsung Electronics fell by 2.60%, LG Chem rose by 2.91%, while others, such as SK Hynix, dropped by 6.37%.

Last Friday, the South Korean stock market experienced a decline, with the medical equipment sector index becoming a major bearish indicator. This was influenced by the tariff measures from the U.S. under Trump, leading to a significant foreign sell-off in the South Korean market, which faced its worst outflow since 2021. At the close, the KOSPI index fell by 21.28 points, a drop of 0.86%, ending at 2,465.42 points; meanwhile, the KOSDAQ index, which tracks the startup board, rose by 3.90 points, an increase of 0.57%, closing at 687.39 points.

The 19 sub-indices of the KOSPI index showed mixed results, with 9 stocks rising and 10 falling. The paper and wood sector index rose by 4.54%, showing the best performance. The non-metallic minerals and chemical sector indices increased by 1.38% and 1.34%, respectively, also performing well. In contrast, the medical equipment sector index fell by 2.07%, becoming the worst performer. Additionally, the electrical and electronic equipment sector index and the machinery sector index declined by 1.95% and 1.97%, respectively, demonstrating poor performance.

Last week, global investors withdrew a staggering $4.2 billion from the South Korean stock market, making it the market with the largest foreign capital outflow in Asia. In fact, the trend of the South Korean stock market was quite bleak last week, with the KOSPI plunging by 3% on Monday due to a massive sell-off following the resumption of short selling. Although analysts believe that last Friday's court decision to approve the impeachment case against Yoon Suk-yeol and the subsequent presidential by-election within 60 days is good news for the market, it still did not support the Korean stocks from falling.

In terms of individual stocks, Samsung Electronics' stock price dropped by 2.60%; LG Chem rose by 2.91%; Hyundai Motor fell by 1.03%; SK Hynix's stock price decreased by 6.37%; POSCO's stock price increased by 0.74%; and Korean Air rose by 2.38%.