📢 March 11, 2025: South Korea's Economic & Stock Market News 📈🇰🇷

Hello, investors! Here’s a summary of today’s (March 11) key economic and stock market news in South Korea. 📊💼

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📉 South Korean Stock Market Closing Update

• KOSPI Index: Closed at 2,537.60, down 32.79 points (-1.28%)
• KOSDAQ Index: Closed at 721.50, down 4.32 points (-0.60%)

The South Korean stock market closed lower today due to weak global market sentiment and continued foreign selling. The U.S. stock market’s sharp decline, driven by recession fears, dampened investor sentiment in Korea as well.

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📰 Major Economic News

📉 U.S. Recession Fears Drag Global Markets Down

The U.S. stock market plunged amid uncertainty over the Federal Reserve’s monetary policy and growing recession concerns. The Nasdaq Composite plummeted over 4%, marking its worst day in 2025 so far. This pessimistic outlook weighed on South Korean stocks as well.

🚗 Tesla Plunges 15%, EV Sector Under Pressure

Tesla (TSLA) shares tumbled 15%, posting their worst single-day performance in over four years. The decline was mainly attributed to sluggish demand in China and Europe and concerns over slowing EV sales. Consequently, South Korea’s battery makers, such as LG Energy Solution (-3.2%) and Samsung SDI (-2.8%), also fell.

📉 Foreign Investors Sell for the Fifth Consecutive Day

Foreign investors extended their selling streak to five consecutive sessions. Today, they offloaded ₩450 billion ($340 million) in KOSPI stocks and ₩120 billion ($90 million) in KOSDAQ stocks, contributing to the overall market decline.

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🏆 Market Outlook & Investment Strategy

📉 The South Korean market remains under pressure amid global recession concerns and persistent foreign selling. Given the heightened volatility, a cautious investment approach is recommended.

👉 Key Events to Watch:
1️⃣ U.S. CPI Data Release: Inflation data later this week could shape the Federal Reserve’s monetary policy outlook.
2️⃣ South Korean Corporate Earnings Season: With Q1 earnings reports starting soon, stock performance is expected to vary by sector.
3️⃣ Exchange Rate & Foreign Investment Trends: The volatility in the USD/KRW exchange rate will be a crucial factor affecting foreign investment flows.

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Stay tuned for more updates on the latest economic and stock market news! 📊💼