The Korea Composite Stock Price Index opened today at 2,572.15 KRW, reflecting a decline of 0.65% after dropping by 16.82 points. As of 06:42 UTC+5.5, the index had a day’s range between 2,564.66 and 2,575.56 KRW. This opening follows its previous close of 2,588.97 KRW, indicating a continuation of the market’s downward trend. The index opened at 2,570.24 KRW, showing a cautious sentiment among investors. This is as of 10:15 AM on Tuesday, 5 November 2024 (GMT+9).
About the Korea Composite Stock Price Index (KOSPI):
The KOSPI is a capitalization-weighted index that tracks all Korea Stock Exchange common shares. Introduced in 1983 with a base value of 100, the KOSPI tracks the performance of major companies, including industry giants like Samsung Electronics and Hyundai Motor. Consequently, monitoring this index is crucial for those who follow Asian markets. The current local time in South Korea is 10:15 AM on Tuesday, 5 November 2024 (GMT+9).
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a professional for investment decisions.