Menu Content
Go Top

Economy

KOSPI Reaches New High of 2,400

Written: 2017-06-29 11:10:57Updated: 2017-06-29 11:17:25

KOSPI Reaches New High of 2,400

The nation's benchmark stock price index has made history yet again on Thursday, hitting a new intra-day record of over 24-hundred points.
 
As of 10:07 a.m., the Korea Composite Stock Price Index or KOSPI rose 18-point-81 points, or point-79 percent to hit two-thousand-401-point-37. 
 
The KOSPI started the day at two-thousand-396-point-81 and just one minute after the opening bell, reached an all-time intra-day high of two-thousand-397-point-14 before exceeding the 24-hundred point threshold.
 
This milestone comes exactly 50 days after the index topped 23-hundred for the first time during day trading on May tenth. It's also 65 days after the two thousand-200 mark was surpassed on April 26th. 
 
The bullish rally is led by overnight gains on the New York Stock Exchange and net buying of domestic shares by both foreign and institutional investors.

As of 11:16 a.m. KOSPI stood at two-thousand-399-point 13. 

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >