Menu Content
Go Top

Economy

KOSPI Closes at Record High of 2,480.05 on Monday

Written: 2017-10-16 15:49:48Updated: 2017-10-16 17:08:12

KOSPI Closes at Record High of 2,480.05 on Monday

The benchmark Korea Composite Stock Price Index(KOSPI) hit a record high on Monday, closing the day at two-thousand-480-point-05. 

The KOSPI rose by six-point-43 points or point-26 percent on the back strong performances by Samsung Electronics and SK Hynix, and record highs on Wall Street last week. 

The main bourse has renewed its record high three times in less than a week. 

The tech-heavy KOSDAQ fell, losing three-point-67 points, or point-55 percent. It closed the day at 659-point-41. 

On the foreign exchange market, the value of the local currency strengthened one-point-one won against the U.S. dollar, closing at one-thousand-127-point-eight won.

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 >