Stock Prices Swoon Below 300
The stock price index broke the 300 level on September 21. The composite stock index decreased by 3.46 point to 297.45 due to investors' concerns about the supply/demand imbalance in the stock market stemming from the capital increase plan of Samsung Electronics Co.The number of advanced stocks is 226 and that of declined is 389. The stock price of Daewoo Electronics, which has developed a high-quality picture tube and Seoul Bank which is rumored to be merging with a European bank, advanced to the limit.
The price of Posco, Samsung Electronics, and Korea Electric Power Corp. declined. Stock market experts said that investment confidence was shrinking rapidly due to internal and external pessimism.
with the Korea JoongAng Daily
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