TrackInsight: Korean stocks performance dipped

Korean Large and Mid-Cap stocks ETFs lost 2,01% on average during the last Friday market session. The main Index KOSDAQ 150 felt to 1-month closing low. The Korean stock market can be seen as a collateral victim of the Hong Kong events and persistent worries they spread on the market, in addition to the uncertainty over a U.S. – China trade deal. The Won and the benchmark bond yield also dropped. Interestingly, investors have chosen that time to inject new $ 67M in this segment through the primary market, probably to benefit from relatively low prices. The Korean Large and mid-cap stocks segment includes 37 ETFs for a total of $8,5 Bn of assets under management.