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Domestic Stock Market Soars Amid Stabilizing Oil Prices; KOSPI Recovers 5,500, 'Buy Sidecar' Triggered
Domestic Stock Market Surges, KOSPI Recovers 5,500-Mark
The domestic stock market surged in a single day as international oil prices showed signs of stabilization. Today, the KOSPI closed at 5,532.59, up 5.35% from yesterday, thus recovering the 5,500-mark. Notably, in early trading, the KOSPI 200 futures rose by more than 5% compared to yesterday, temporarily triggering a buy sidecar. This measure, intended to prevent market overheating, indicates a strong buying sentiment among investors.
KOSDAQ and Foreign Exchange Market Trends
The KOSDAQ index also showed strength, closing at 1,137.68, up 3.21%. Along with the stock market's upward trend, the won-dollar exchange rate declined in the Seoul foreign exchange market. The won-dollar exchange rate closed weekly trading at 1,468 won 30 jeon, down 26 won 20 jeon from the previous trading day, reflecting overall positive movements in domestic economic indicators.
*Source: YouTube: KBS News (2026-03-10)*
