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KOSPI Bounces Back to Record-Hitting Territory

Written: 2020-12-09 15:51:34Updated: 2020-12-09 16:54:51

KOSPI Bounces Back to Record-Hitting Territory

Photo : YONHAP News

After sustaining losses a day before, South Korea's main stock index has hit yet another record-high.  

The benchmark Korea Composite Stock Price Index(KOSPI) rallied two-point-02 percent on Wednesday, up 54-point-54 points, wrapping the day at two-thousand-755-point-47.

The KOSPI had recorded record highs for five consecutive days through Monday before plunging one-point-62 percent on Tuesday. 

The tech-heavy KOSDAQ also rose rose, gaining six-point-97 points, or zero-point-77 percent, to close at 913-point-81. 

On the foreign exchange counter, the Korean won strengthened zero-point-six won against the U.S. dollar, ending the session at one-thousand-084-point-eight won.

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