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The New York Dow index and European stock markets soared amid news that the prevention effect of US drug company Pfizer’s corona 19 vaccine exceeded 90%. In the domestic stock market, the KOSPI started in an uptrend and turned into a downtrend, while the KOSDAQ started in the downtrend. Connect with the reporters they cover. Reporter Jongsoo Lee! There was a lot of interest in the national stock market when the news that raised expectations for the development of a vaccine for Corona 19 was delivered, but the KOSPI began to rise slightly. The KOSPI rose 0.28% to 2,453 and is now trading in a downtrend. The KOSDAQ fell 0.82% to 844 and, since opening, has fallen more than 1.5%. KOSDAQ, which has many pharmaceutical sectors in anticipation of vaccine development, is currently experiencing a sharp decline. News of a vaccine development by a US pharmaceutical company is not good news for domestic competitors. However, KPX Life Sciences, which is related to Pfizer, posted an upper limit and Jeil Pharm is also on the rise. Earlier, the US pharmaceutical company Pfizer and the German Bioentech announced that the COVID-19 vaccine in development had a prevention rate of more than 90%. Encouraging the good news from the vaccine, the New York Stock Exchange’s Dow index, which ended this morning, soared nearly 3%. In the ninth local time, the Dow closed the market at 29,157.97 points, with a rise of 834.57 points and 2.95%. The Standard & Poor’s (S&P) 500 Index also rose 1.17%, but the Nasdaq index geared towards technology stocks fell 1.53%. European equity markets also soared. At 9 local time, the FTSE 100 index on the UK London stock market rose 4.67% and the CAC 40 index on the French Paris stock market jumped 7.57%. The DAX index of the German Frankfurt Stock Exchange rose 4.94%. For these people, the KOSPI index performed well and market capitalization rose to third place. According to the Korean Stock Exchange, yesterday, the KOSPI index registered 2,447.20, breaking the record of 2,443.58 on September 15. Consequently, KOSPI’s market capitalization as of the 9th is KRW 16.69 trillion, surpassing the market capitalization of KRW 166.2 trillion on September 15. This is third place, after a record 1.689 trillion won on January 29, 2018 and 1.680 trillion won on April 30, 2018. It’s a 12 trillion won difference from the record. The market capitalization of the national stock exchange combined with KOSPI and KOSDAQ was KRW 210 trillion, surpassing KRW 29.99 trillion, the second place on September 15. The largest market capitalization in the history of the national stock market, which is the combination of KOSPI and KOSDAQ, is KRW 219 trillion, registered on January 29, 2018. So far, the Korean Stock Exchange has delivered. Jongsoo lee[[email protected]]
