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Hurim Robot Rebounds Overcoming 'Black Monday' Fear... Tracking KOSDAQ Rally

[Morning session on the 9th] Hurim Robot traded at 10,340 won, up 370 won (3.71%) from the previous trading day. During the session, it once rose to 10,430 won,

CBC News Desk
Staff Reporter
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Hurim Robot Rebounds Overcoming 'Black Monday' Fear... Tracking KOSDAQ Rally
CBC News / CBC News

[Morning session on the 9th] Hurim Robot traded at 10,340 won, up 370 won (3.71%) from the previous trading day. During the session, it once rose to 10,430 won, showing a strong rebound trend.

Hurim Robot, which had experienced expanded volatility due to recent global stock market instability and the aftermath of tech stock corrections, saw an inflow of buying volume on this day along with an improvement in overall market investment sentiment.

The domestic stock market, which recorded a plunge the previous day to the extent of being called 'Black Monday,' rebounded in just a day. As the fear psychology that poured out during the sharp decline subsides, investors' attention is focusing on whether this rise is a mere technical rebound or a signal for trend recovery. ■ Broad Market Rally In the early trading hours on the 9th, the KOSPI rose by 294.46 points (3.93%) from the previous trading day to 7,778.87. The KOSPI 200 gained 48.60 points (4.10%) to reach 1,235.15, and the KRX 100 also climbed 774.85 points (4.13%) to 19,558.37. The KOSDAQ also showed a strong performance. The KOSDAQ index rose by 33.57 points (3.68%) to 944.95, reflecting the trend of recovering investment sentiment. ■ Attention to the Effect of Nvidia CEO Jensen Huang's Visit to Korea The market is also paying attention to the fact that interest in the robot and physical AI industries has expanded following the recent visit to Korea by Nvidia CEO Jensen Huang. CEO Jensen Huang mentioned the possibility of expanding cooperation with Korean companies and emphasized the growth potential of the AI infrastructure and robot industries. Hurim Robot is classified as a leading robot-related stock engaged in the industrial and service robot business. As the AI and robot industries emerge as next-generation growth drivers, the market is also closely watching supply and demand changes in related stocks. ■ Securities Firms: "Need to Watch Supply-Demand Changes and Rebound Sustainability Rather Than Short-Term Stock Price Movements" However, the securities industry evaluates that since recent market volatility remains high, it is necessary to look at trading volume, supply and demand changes, and the sustainability of the KOSDAQ market's rebound together, rather than just short-term stock price movements. While the investment sentiment that had contracted due to the previous day's plunge is recovering rapidly, Hurim Robot is also benefiting from the market rebound, continuing its strong performance in early trading. [This article is based on publicly available market data and official materials, and artificial intelligence (AI) was utilized in the process of drafting the article and organizing the information. The information provided in this article is intended for general investment information purposes and does not constitute a solicitation to invest in any specific stock or financial product. Investing in the stock and financial markets carries the risk of principal loss, and all responsibility for investments lies solely with the investor. Please be sure to check related disclosures and official materials before making investment decisions. This publication does not bear any legal or financial responsibility for the said information.]

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