Menu Content
Go Top

Economy

KOSPI Hits New High for 2nd Day

Written: 2021-06-25 16:13:21Updated: 2021-06-25 16:13:35

KOSPI Hits New High for 2nd Day

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) surpassed the three-thousand-300 mark for the first time on Friday, to reach a new high. It jumped 16-point-74 points, or zero-point-51 percent to close the week at three-thousand-302-point-84. 

The tech-heavy KOSDAQ fell, however, losing zero-point-49 points, or zero-point-05 percent to close at one-thousand-12-point-13.

On the foreign exchange, the local currency strengthened seven-point-two won against the dollar, ending the week at one-thousand-127-point-seven won.

A bipartisan agreement reached in the U.S. on an infrastructure deal likely helped boost the market, along with the Fed's assurance to maintain its accommodating policy.

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 >