[Asia Economy Reporter Hwang Yoon-joo] Naver and Kakao are rising by over 3% following the sharp increase in the Nasdaq.


As of 9:38 AM on the 20th, Naver is trading at 252,000 KRW, up 3.49% (8,500 KRW) from the previous day. Kakao is up 3.30% (2,400 KRW), trading at 75,200 KRW.



On the 19th (local time), the Nasdaq index closed at 11,713.15, up 353.10 points (3.11%) from the previous session. The Nasdaq is a market mainly composed of technology stocks. Global IT companies such as Apple, Google, Meta, Microsoft, and Tesla are listed there.


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