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KOSPI and KOSDAQ Close Wednesday at Highest in Four Months

Written: 2019-02-20 15:51:25Updated: 2019-02-20 15:58:26

The benchmark Korea Composite Stock Price Index(KOSPI) and the tech-heavy KOSDAQ closed at a four-month high on Wednesday amid heavy foreign and institutional buying.

The KOSPI rose 24-point-13 points, or one-point-09 percent, to end the day at two-thousand-229-point-76.

The KOSDAQ gained two-point-64 points, or point-35 percent. It closed the day at 750-point-69.

It was the highest close for both the KOSPI and the KOSDAQ since October eighth. 

On the foreign exchange, the local currency strengthened four-point-seven won against the dollar, ending the session at one-thousand-123-point-five won.

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