KOSPI Rebounds to Close Above 7,000 for 1st Time in 5 Sessions
5 Articles
5 Articles
KOSPI rebounds to close above 7,000 for 1st time in 5 sessions
KOSPI regained the 7,000 level on Friday, ending above the threshold for the first time in five trading sessions as a late rebound erased earlier losses. The benchmark index added 32.39 points, or 0.46 percent, to finish at 7,003.74. After opening 33.08 points, or 0.47 percent, lower at 6,938.27, it extended its decline to as much as 0.62 percent. The index then swung between gains and losses before moving higher toward the close. Early selling …
(Seoul = Yonhap News) Reporter Kim Yu-ah = The KOSPI rose on the 2nd and closed above the 7,000 mark for the first time in five trading days.
[Digital Daily, Reporter Kim Nam-gyu] COSPI recaptured the 7000 mark in 5 trading days thanks to last-minute buying from the agency. KOSDAQ recovered to the 900 level during the day, but ended its decline after 6 trading days due to foreign sell-off. On the 2nd, COSPI finished trading at 7003.74, up 32.39 points (0.46%) from the previous trading day. The index started at 6938.27, down 33.08 points (0.47%) from the previous day, and continued to …
Starting lower, the index surpassed the 7,000 mark ahead of the close; institutional and financial investors led the rise. Although concerns over AI earnings have eased, high interest rates persist. The KOSPI, which had been trading in a flat range due to the burden of government bond yields despite Micron's strong earnings, reclaimed the 7,000 mark to close. This marks the first time the index has surpassed the 7,000 mark on a closing basis in …
KOSPI closes at 7,003.74, up 32.39 points (0.
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