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Economic Report

Economic reports, briefs issued by Samsung Economic Research Institute

Financial Market Trends (Jan. 8 - 14)

Financial Market Trends (Jan. 8 - 14)

Jan. 18, 2003

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ㆍMoney & Bond Market

During the week, interest rates fell overall affected by the heightening nuke threat from North Korea due to its withdrawal from the Nuclear Nonproliferation Treaty (NPT) and the ample liquidity in the markets.

ㆍStock Market

During the week, both the Korea Stock Price Index (KOSPI) and the KOSDAQ Index initially fell, but later rose, closing the week at 650.05 (a 0.3% decline from the previous week's close) and 48.85 (a 2.5% rise from the previous week's close), respectively.

ㆍForeign Exchange Market

During the week, the KRW/USD exchange rate exhibited a decline. The exchange rate fell 10.5 won from 1,187.2 won per U.S. dollar to 1,176.7 won per U.S. dollar.

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