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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsStocks

South Korean Stocks Dip Ahead of New KOSPI Levy

The benchmark KOSPI weakened 0.20% to around 3,918 per dollar on Monday, extending losses for another session as key sector weakness in producer manufacturing, consumer durables, and consumer non-durables weighed on large-cap stocks. Losses were led by Samsung Electronics (-0.30%), Hyundai Motor (-2.87%), Doosan Enerbility (-1.70%), HD Hyundai Heavy Industries (-3.55%), Hanwha Aerospace (-2.93%), and Kia Corporation (-2.28%). Market participants are also bracing for a new 0.05% transaction tax on KOSPI trades, set to take effect January 1. The levy marks the first of its kind on the benchmark market and is seen as a potential headwind, as higher trading costs could curb market liquidity and dampen short-term investor activity. Sentiment was further pressured by November’s Manufacturing PMI, which held at 49.4, signaling a second month of contraction amid weaker output and new orders.

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