Stock Market Shows Signs of Overheating

Chosun Ilbo | Aug 6, 2020 at 11:49 AM
  • The stock market is showing signs of overheating even though the economy is in the doldrums.
  • The Korea Composite Stock Price Index closed up 1.4 percent at 2,311.86 points on Wednesday, the first time since October 2018 that it rose above 2,300 points.
  • Individual investors are powering the stock market’s growth, snapping up around W430 billion worth of stocks on Wednesday, the sixth day of a bull run (US$1=W1,189).