The Korea Composite Stock Price Index (KOSPI) surged by 1.59% on Tuesday, reaching 2,492.99 KRW as of 12:22 pm Korean time. This marks a notable increase of 39.03 points from the previous close of 2,453.96 KRW.
The index started at 2,481.44 KRW at the opening bell, slightly higher than its previous closing value. Throughout the morning session, the KOSPI fluctuated from 2,478.58 KRW to 2,508.35 KRW, demonstrating strong market activity.
About KOSPI
The KOSPI, first introduced in 1983 with a base value of 100, is a capitalization-weighted index that tracks all common shares listed on the Korea Stock Exchange. It includes major South Korean companies such as Samsung Electronics and Hyundai Motor, making it a key indicator for those monitoring Asian markets.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research or consult a financial professional before making investment decisions.