The dealing room of Hana Financial institution in Seoul, Wednesday / Yonhap
Korea’s benchmark inventory index briefly topped one other historic milestone of 4,700 Wednesday on a tech rally.
The Korea Composite Inventory Value Index (KOSPI) touched an all-time excessive of 4,706.33 factors at 9:02 a.m. however turned decrease to commerce at 4,685.91, down 0.14 % from the earlier session’s shut.
It took 9 periods to achieve the 4,700 level mark after the KOSPI closed over the 4,300 level mark on Jan. 2.
Because the starting of the yr, the index has risen greater than 11 %, extending its document bull run. Final yr, the KOSPI superior over 75 %.
