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KOSPI Ends Thursday Up 2.40%

Written: 2020-11-05 15:40:52Updated: 2020-11-05 15:59:09

The benchmark Korea Composite Stock Price Index(KOSPI) rose 56-point-47 points, or two-point-40 percent, on Thursday to close at two-thousand-413-point-79.

Taking a cue from Wall Street, investors warmed up to the prospect of a Republican-controlled U.S. Senate, although the outcome of the presidential election there remains in limbo. 

The tech-heavy KOSDAQ also rose, gaining 17-point-83 points, or two-point-16 percent, to close at 844-point-80.

On the foreign exchange, the local currency strengthened nine-point-five won against the dollar, ending the session at one-thousand-128-point-two won.

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