KOSPI expected to open lower
The market forecast remains gloomy for Thursday, so analysts say that the KOSPI is expected to at least open lower again, if not remain there for the whole session.
``The market is likely to open lower on Tuesday tracking weak Asian stocks after rating agency Moody`s cuts ratings, outlooks on nine European Union countries. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 11 points at the opening bell,`` said the broking house Motilal Oswal.