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South Korea’s KOSPI recovers most of its early October losses

  • KOSPI and KOSDAQ diverged on South Korea’s first October trading day.
  • KOSPI fell more than 1% in early trading before recovering most losses.
  • Samsung Electronics and SK Hynix were attributed with driving market purchases.

South Korea’s stock market opened October with a clear split between the KOSPI and KOSDAQ. The KOSPI dropped more than 1% in early trading before recovering most of the decline as buying attributed to Samsung Electronics and SK Hynix entered the market.

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