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KOSPI Ends at All-Time High Again

Write: 2020-11-27 15:41:12Update: 2020-11-27 16:44:24

KOSPI Ends at All-Time High Again

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) soared to a new record high on Friday, surpassing the previous record set just one day ago.

The KOSPI rose seven-point-54 points, or zero-point-29 percent, to close at two-thousand-633-point-45. 

The benchmark index rose as investor sentiment was boosted by easing uncertainties surrounding the outcome of the U.S. presidential race, while a weakening U.S. dollar added luster to stocks.

The tech-heavy KOSDAQ also rose, gaining eleven-point-03 points, or one-point-26 percent, to close at 885-point-56.

On the foreign exchange, the local currency strengthened one-point-four won against the dollar, ending the session at one-thousand-103-point-two won.

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