🇰🇷 The South Korean stock market will be influenced this week, from August 31 to September 4, by the restrictive tone adopted by Federal Reserve President Kevin Powell during the Jackson Hole symposium on August 28, as well as by the release of South Korean data on August exports, scheduled for September 1. Powell mentioned the possibility of further interest rate hikes, citing the persistence of inflation concerns, which triggered a wave of selling in U.S. equity markets.
Samsung Electronics plans to repurchase 15,000 billion won worth of shares between August 24 and November 21, while SK Hynix is targeting a share buyback of 40,000 billion won between August 20 and November 19. These operations provide support for demand, as investment flows from retail investors into the stock market have slowed.
$SAMSUNG
$SKHYNIX
$4
Samsung Electronics plans to repurchase 15,000 billion won worth of shares between August 24 and November 21, while SK Hynix is targeting a share buyback of 40,000 billion won between August 20 and November 19. These operations provide support for demand, as investment flows from retail investors into the stock market have slowed.
$SAMSUNG
$SKHYNIX
$4