00:02you're listening to ai prism from seoul economic daily the kospi just posted its worst day in
00:08months tumbling nearly four percent to below 6 600 forced margin call selling just jumped 13
00:15fold from a year ago battery stocks are suddenly the market's hottest trade up as much as 46 percent
00:23in a month and altiogen just signed a 4.4 trillion one licensing deal with novartis
00:29it's thursday september 3rd here's what today's story could mean for the korean market
00:35renewed middle east tensions pushed oil prices sharply higher overnight adding to a global bond
00:42sell-off already underway that combination of high rates and high oil is exactly the mix that hits
00:50risk assets hardest and with korean trading volumes already thin today's selling had little to absorb
00:57it beyond corporate buybacks here's what the numbers show the kospi fell 3.99 to 6562.72
01:06and the cosdaq dropped 2.10 to 803.98 as foreign investors sold 1.91 trillion one and institutions
01:17sold 2.04 trillion one other corporations bought a net 1.65 trillion one on samsung and sk hynix buybacks
01:26but couldn't fully offset the selling with samsung falling 4.02 percent and sk hynix 4.73 percent
01:36u.s 10-year treasury yields topped 4.8 percent and wti crude passed 91 dollars a barrel on renewed
01:45middle east tensions pushing september fed rate hike odds above 70 percent forced margin call selling
01:53averaged 43.87 billion one a day in july up 13 fold from 3.38 billion one a year earlier
02:01as leveraged
02:03retail trading surged battery sector etfs surged as much as 45.88 percent in a month on new ai data
02:12center
02:12battery demand while altiogen signed a licensing deal with novartis worth up to 4.4 trillion one
02:20so what does this mean for investors watching the board today earlier we said forced margin call selling
02:27jumped 13 fold here's what that actually means for you that's a sign more retail money was riding
02:33leverage into this year's rally than usual and this kind of selling tends to accelerate declines once it
02:39starts regardless of fundamentals watch whether samsung and sk hynix keep up their buyback pace and
02:46whether oil and bond yields cool off those two forces move today's market more than any single earnings
02:53report this is market context not investment advice what to watch whether forced margin call selling
03:02keeps climbing as the market stays volatile the next reading on us 10-year treasury yields and oil prices
03:09both near multi-year highs and whether battery sector momentum extends beyond a short-term rotation
03:16out of semiconductors that's today's ai prism stock investors this episode was produced with ai
03:24assistance based on sole economic daily reporting and reviewed by a human editor ai prism is a wanifra
03:32award-winning series we'll be back tomorrow you've been listening to ai prism from sole economic daily
댓글