andy
Dec 09, 2024 18:04
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KOSPI Q3 Performance Explained

Join me as I summarize the KOSPI performance for the third quarter. Discover how despite record-breaking corporate profits, uncertainties like the U.S. presidential election and real estate slumps impacted the index. Let's explore what this means for future investments!
(p1) I will summarize and interpret the KOSPI performance for the third quarter.
(p2) Surprisingly, the cumulative KOSPI performance until the third quarter is the highest ever.
(p3) Compared to 2023, sales increased by 5%, but operating profit and net profit have surged by as much as 70%. It is said to be the highest in history.
(p4) However, the third quarter wasnt particularly good. You could say it has been similar throughout the year.
(p5) With such good corporate performance, what happened to the KOSPI index?
(p6) Looking back, until the second quarter, corporate performance was reflected, and it was rising well. However, as we entered the third quarter, it plummeted. What uncertainties were there?
(p7) The uncertainty surrounding the U.S. presidential election was the biggest factor, along with the real estate market entering another slump and the continued delays in domestic recovery, among various complex factors.
(p8) Going forward, we will measure these uncertainties more precisely and reflect them in the value of each company. Thank you.
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