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KOSPI Hits All-Time High Closing at 2,409.49

Written: 2017-07-13 16:01:54Updated: 2017-07-13 16:07:36

KOSPI Hits All-Time High Closing at 2,409.49

The benchmark Korea Composite Stock Price Index(KOSPI) again wrote new history on Thursday, hitting all-time highs in terms of both intraday trading and closing price.
 
KOSPI surged 17-point-72 points, or point-74 percent, to close the day at two-thousand-409-point-49. The figure is 13-point-49 points higher than the previous closing price record posted on Tuesday.
 
The index began trading at two-thousand-405-point-76, 13-point-99 points, or point-58 percent higher than Wednesday. That figure was higher than the previous intraday high of two-thousand-402-point-80.
 
The index had surged to two-thousand-422-point-26 at one point during the day, posting a new intraday trading high.
 
The surge came after KOSPI had failed to surpass the two-thousand-400 mark for ten consecutive trading days.
 
Meanwhile, the tech-heavy KOSDAQ also gained, adding one-point-59 points or point-24 percent. It closed the day at 652-point-69.
 
On the foreign exchange market, the value of the local currency strengthened eight-point-eight won against the dollar, closing at one-thousand-136-point-three won.

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