# KOSPI withstands external shocks better than Nasdaq, S&P - The Korea Times

> The KOSPI fell 11.41% through May 27 from the end of 2021, a smaller drop than the Nasdaq, S&P 500, Shanghai and Hang Seng indices. Analysts attributed the relative resilience to solid earnings at Korean firms.

- Date: 2022-05-30 · published 2022-05-30T12:00:00.000Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/41636-kospi-withstands-external-shocks-better-than-nasdaq-s-and-p-the-korea-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Equity market performance has little direct bearing on feed grain or meal supply and demand, so the price implication for feed buyers is minimal.

## Sources

- koreatimes.co.kr: https://www.koreatimes.co.kr/economy/20220530/kospi-withstands-external-shocks-better-than-nasdaq-sp

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.