The Korea Composite Stock Price Index (KOSPI) opened higher and continued to show positive momentum on Tuesday, 3 December 2024, reaching 2,496.34 KRW at 10:42 am Korean Standard Time (GMT+9).
This marks an increase of 41.85 points, or 1.71%, from the previous close of 2,454.49 KRW.
The index, which opened at 2,472.06 KRW, traded between 2,471.55 KRW and 2,497.75 KRW during the day.
About KOSPI
The KOSPI is a capitalization-weighted index that tracks the performance of all common shares listed on the Korea Stock Exchange. Established in 1983 with a base value of 100, it has become a key benchmark for assessing the South Korean stock market’s performance.
Key contributors to the index include major South Korean companies like Samsung Electronics and Hyundai Motor, which often influence market trends due to their significant market capitalization.
Disclaimer: This article is for informational purposes only. It does not constitute financial advice or an offer to buy or sell any securities.