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KOSPI Ends Friday Up 1.87%

Written: 2022-01-28 15:57:32Updated: 2022-01-28 16:48:09

KOSPI Ends Friday Up 1.87%

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) rose 48-point-85 points, or one-point-87 percent, on Friday, closing the week at two-thousand-663-point-34.

The main bourse slipped below two-thousand-600 points for the first time in 14 months shortly after opening, but rebounded as investors bought oversold stocks, ending up for the first time in six days. 

The tech-heavy KOSDAQ also gained, adding 23-point-64 points, or two-point-87 percent, to close at 872-point-87.

On the foreign exchange, the local currency weakened two-point-seven won against the dollar, ending the day at one-thousand-205-point-five won.

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