Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea.
Professor Yang, thanks for making time today.
Stocks on Wall Street were down overnight, with the exception of the Nasdaq. The spread of COVID-19 around the world is accelerating and it doesn't look like there'll be a stimulus deal by next Tuesday, Election Day. The Dow off by 8 tenths of a percent. What's the story in the global markets?
Korean stocks higher again today. The KOSDAQ recovering from its big sell-off on Monday. But according to the Korea Exchange, average daily volume on the two main indices is down this month by about a forth compared to last month. Tell us about the local market and why volume might be down.
Consumer sentiment is up this month by the most in almost 12 years. 91.6 for October an increase of more than 12 points from last month. This is of course on the easing of Korea's social distancing rules. What do you make of these figures?