S. Korean stock markets' trading volume down 11% in April koreaherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreaherald.com Daily Mail and Mail on Sunday newspapers.
Korean stock markets trading volume dipped 11 percent in April from a month earlier amid growing uncertainties, including the geopolitical tension stemming from the Middle East, data showed Sunday.
The local stock market bounced back slightly, Wednesday, a day after it fell sharply due to the plunging share prices of rechargeable battery manufacturers brought on by dampening investor sentiment over a softening of demand for electric vehicles (EV).
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Korea s bank stocks are being hit by repercussions from the sequential collapse of overseas financial institutions, with foreign investors dumping major financial shares here en masse this month. Major financial stocks such as Shinhan Financial Group and Hana Financial Group suffered double-digit losses between March 2 and 24, according to data from the Korea Exchange. The KRX Bank Index, which contains nine major financial and banking shares here, also fell by 9.46 percent during the same period.