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KOSPI Adds 1.67% after Trump-Xi Trade War Truce

Written: 2018-12-03 15:39:27Updated: 2018-12-03 19:29:12

KOSPI Adds 1.67% after Trump-Xi Trade War Truce

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) added 35-point-07 points, or one-point-67 percent Monday. 

On the back of U.S. President Donald Trump and Chinese President Xi Jinping's agreement to pause their bilateral trade war, the benchmark index closed the day at two-thousand-131-point-93. 
 
The tech-heavy KOSDAQ also rose, adding 13-point-70 points, or one-point-97 percent, to close at 709-point-46.
 
On the foreign exchange, the local currency strengthened ten-point-five won against the dollar, ending the session at one-thousand-110-point-seven won.

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