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Korean Stocks Close Up Over 3%, Samsung Electronics Up Nearly 10%

BlockBeats News, June 24th, according to Bitget market data, the Nikkei 225 Index closed down 613.41 points on June 24th (Wednesday), a decrease of 0.88%, to 69174.97 points.


The South Korean KOSPI Index experienced wide fluctuations during the day. After a sharp rise of over 4% in the morning, it briefly turned negative with a 1% drop, then surged again by over 4% in the afternoon. It closed up 303.97 points, a gain of 3.71%, at 8507.81 points; Samsung Electronics rose by nearly 10%, while SK Hynix rose by nearly 1%.

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Samsung's operating profit hits a record high, yet the KOSPI retreats by 27%; what determines the index's short-term movement is the buyer structure.
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