"4,000 Within Sight" KOSPI Surpasses 3,700 [3-Minute Brief]

[At a Glance]
① "Bull Market" KOSPI hits record highs as soon as the session opens... 4,000-point breakthrough within reach
② Number of employed surges by 310,000 in September... "Largest increase in 19 months"
③ Import prices rise for third consecutive month on higher oil prices and exchange rates... Up 0.2% in September

MARKET INDEX : Year to date

○All three major New York stock indexes closed higher.

○Rebound driven by expectations of easing U.S.-China tensions.

○Market attention focused on Q3 corporate earnings and September CPI release.

Top3 NEWS

■ Foreign investors and semiconductors lead the rally... 4,000 within sight

○Strong performance by leading semiconductor stocks and foreign investor buying are driving the upward momentum.

○Structural bull market... Some forecasts suggest the index could reach 5,000 next year.

○However, some experts urge caution over the sharp rise, noting there has been no fundamental change.

■ Number of employed rises by 310,000 in September... Largest increase in 19 months due to consumption coupons

○Service sector employment increased due to the impact of consumption coupons.

○Decline in construction jobs slowed, with additional boost from holiday demand.

○Policy effects likely to continue through the end of this year.

■ Import prices rise for third consecutive month; will the trend continue? "Watch global oil prices and exchange rates this month"

○Import prices up 0.2% from previous month as both global oil prices and exchange rates rose.

○Import volume index up 13.7%-the highest in three years and one month.

○Increase in imports of primary metal products such as semiconductors, aluminum, and copper contributed to the rise.

Graphic News: After the '10·15 Measures,' the gap between fixed and variable rates widens further... up to 99 million won

○Stricter stress test rates have reduced loan limits in regulated areas.

○The gap in loan limits between fixed and variable rates has more than doubled.

○"Demand for fixed-rate loans is expected to increase amid the lending cliff."

the Chart: Bagel prices surge 44% despite falling flour costs... President Lee takes action

○President Lee criticized, "The government has lost control over food price inflation."

○Large supermarkets are under investigation for inflating prices under the pretext of discount events.

○Causes of surging bread prices-wheat, sugar, and egg markets will also be closely examined.

Today's Key Schedule

○Domestic

○International

10:00 People's Bank of China (PBoC) Loan Prime Rate (October)

11:00 China GDP (YoY) (Q3)

16:00 Germany Producer Price Index (MoM) (September)

21:30 Canada Raw Materials Price Index (MoM) (September)

23:00 U.S. Leading Index (MoM) (September)

◇Lunch & Evening Commute Weather

○Lowest temperature: 5℃ (▼8℃) ｜Highest temperature: 16℃ (▼3℃)
○Chance of precipitation: 20% in the morning｜30% in the afternoon
○Fine dust: Good in the morning｜Good in the afternoon

Just 3 minutes for all you need-concise, high-value economic news. Published daily at 8 a.m.

This content was produced with the assistance of AI translation services.