[주간증시]Powell’s rate hike… KOSPI stumbles

[서울경제TV= 최민정 기자]

[앵커]

When Fed Chairman Jerome Powell hinted at a 50bp interest rate hike at the FOMC (Federal Open Market Committee) in May, the domestic stock market, which had been showing signs of rebounding, sank to near the 2,704 level once more. Anchorage report on stock market trends for the week.

[기자]

Today, the KOSPI closed at 2,704 following Fed Chairman Jerome Powell’s remarks regarding a rate hike.

On the 24th local time, Chairman Powell said at the International Monetary Fund (IMF) meeting on the issue of the Fed’s rate hike, “In my view, it would be appropriate to move (rate) faster.” When he said that, the selling pressure of foreigners and institutions increased.

The previous day (21st), the KOSPI succeeded in rebounding and landed at the 2,720 level, but returned the rise in one day following Chairman Powell’s remarks.

Accordingly, the KOSPI rose 0.43% to close at 2704.71p for one week, and the KOSDAQ also fell 0.11% to close at 922.78p.

Looking at the weekly supply and demand trend, in the KOSPI, foreigners (-1,842) sold while individuals (1,035) and institutions (945) bought them, and in the KOSDAQ, foreigners (-1,317) and institutions (-288) sold individuals (2,561) ) was purchased.

As grain prices rose as the Ukraine crisis in Russia lasted longer than expected, the stock prices of feed companies such as Easy Bio (70.39%) and Daeju Industries (21.49%) soared all at once.

In particular, Hanil Feed closed at the upper limit for three consecutive trading days and was designated as an investment risk item, so trading was suspended for one day on the 20th.

The securities industry said, “It is important that the US Fed can succeed in stabilizing inflation and the economy as it raises interest rates, and economic indicators and corporate performance have become important.” predicted.

This is Seoul Economic TV Choi Min-jung. /[email protected]

[영상편집: 이한얼]

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