At 11:42 am Friday, 6 December 2024 (GMT+9), the Korea Composite Stock Price Index (KOSPI) was trading at 2,435.65 KRW, marking a decline of 6.21 points or 0.25% from the previous close of 2,441.86 KRW.
The market opened at 2,451.60 KRW but quickly faced a downturn, with the day’s range spanning between 2,397.73 KRW and 2,459.24 KRW.
About KOSPI
Key contributors to the KOSPI index, including major corporations like Samsung Electronics and Hyundai Motor, are closely monitored due to their significant impact on the South Korean economy and broader Asian markets.
The KOSPI, a capitalization-weighted index, tracks all common shares listed on the Korea Stock Exchange. It has been a critical barometer for investors since its introduction in 1983 with a base value of 100.
Disclaimer: This article is for informational purposes only and should not be considered financial advice.