South Korea's stock market on Friday broke a two-day slide in which it had fallen more than 80 points or 3.8 percent. The KOSPI is now just above the 2,300 plateau and is likely to remain stable there on Monday.
The global forecast for Asian countries. markets is weak due to weak incomes and slightly higher inflation. European markets were down and US stocks were mixed and Asian markets were supposed to split the difference.
The KOSPI ended slightly higher on Friday following gains from chemical companies, weak financials and a mixed outlook for the sector. technology stocks.
During the day, the index rose 3.73 points or 0.16 percent to end at 2,302.81. The volume was 505.8 million shares worth 7.8 trillion won. There were 444 winners and 420 losers.
Among assets, Shinhan Financial fell 0.14 percent, while KB Financial fell 1.50 percent, Hana Financial fell 1.44 percent, Samsung Electronics advanced 0.90 percent, Samsung SDI soared 6.86 percent, LG Electronics plunged 3.51 percent, SK Hynix sank 0.75 percent, Naver jumped 1.92 percent. percent, LG Chem rose 2.93 percent, Lotte Chemical rose 1.11 percent, S-Oil lost 0.44 percent, SK Innovation fell 0.32 percent, POSCO rose 0.36 percent, SK Telecom added 0.51 percent, KEPCO strengthened 1.65 percent, Hyundai Mobis rallied 1.85 percent, Hyundai Motor fell 2.17 percent and Kia Motors fell 1.60 percent.
Wall Street's lead offers little clarity as the major averages opened mixed on Friday and ended the same.
The Dow Jones fell 366.71 points or 1.12 percent to finish at 32,417.59, while the Nasdaq added 47.41 points or 0.38 percent to close at 12,643.01 and the S&P 500 sank 19, 86 points or 0.48 percent to close at 4,117.37.
For the week, the Dow Jones fell 2.1 percent, the S&P 500 fell 2.5 percent and the Nasdaq fell 2.6 percent.
The NASDAQ rally reflected a positive reaction to earnings news from Amazon (AMZN) and semiconductor giant Intel (INTC), which topped estimates, while disappointing earnings from Chevron (CVX) weighed heavily on the Dow.
Traders were also digesting a Commerce Department report showing consumer prices rose 0.4 percent in September, matching August's increase. Economists expected prices to rise 0.3 percent.
Crude oil prices rose sharply on Friday as tensions rose in the Middle East with Israeli ground forces expanding operations in Gaza. December West Texas Intermediate crude oil futures rose $2.33 or 2.8 percent to $85.54 a barrel. WTI crude oil futures posted a weekly loss of 3.6 percent.
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