The Korea Composite Stock Price Index (KOSPI) opened strong today at 11:27 am Friday, 3 January 2025 (GMT+9), rising 45.39 points (+1.89%) to reach 2,444.34 KRW.
The market opened at 2,402.58 KRW, a notable jump from the previous close of 2,398.95 KRW. Trading within a day’s range of 2,402.58 to 2,446.60 KRW, the index reflects investor optimism.
About KOSPI
The KOSPI is a capitalization-weighted index tracking all common shares listed on the Korea Stock Exchange. First introduced in 1983 with a base value of 100, it serves as a vital indicator of South Korea’s economic performance. Major corporations such as Samsung Electronics and Hyundai Motor contribute significantly to its movement, making it a crucial barometer for those closely monitoring Asian markets.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.