Menu Content
Go Top

Economy

KOSPI Rebounds Wednesday

Written: 2025-07-23 16:43:15Updated: 2025-07-23 18:08:43

KOSPI Rebounds Wednesday

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) rose Wednesday after tech shares rebounded ahead of talks with the United States on its tariff scheme.

The KOSPI rose 13-point-83-points, or zero-point-44-percent, Wednesday to close at three-thousand-183-point-77.

Minister of Trade, Industry and Energy Kim Jung-kwan has departed for the United States for last-minute tariff negotiations, and Finance Minister Koo Yun-cheol and Trade Minister Yeo Han-koo are scheduled to meet their U.S. counterparts on Friday.

Investors await the developments of these negotiations, with less than 10 days remaining until the August 1 tariff deadline set by U.S. President Donald Trump. 

The exchange rate reached one-thousand-379-point-eight South Korean won against the U.S. dollar at 3:30 p.m., up eight won from Tuesday.

Meanwhile, the tech-heavy KOSDAQ gained zero-point-59-points, or zero-point-zero-seven percent, to close at 813-point-56.

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 >