{"id":41306,"date":"2024-12-03T07:15:39","date_gmt":"2024-12-03T01:45:39","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=41306"},"modified":"2024-12-03T07:15:39","modified_gmt":"2024-12-03T01:45:39","slug":"stock-market-news-kospi-climbs-1-71-amid-positive-momentum","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/south-korea\/stock-market-news-kospi-climbs-1-71-amid-positive-momentum\/41306\/","title":{"rendered":"Stock market news: KOSPI climbs 1.71% amid positive momentum"},"content":{"rendered":"<p>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).<\/p>\n<p>This marks an increase of 41.85 points, or 1.71%, from the previous close of 2,454.49 KRW.<\/p>\n<p>The index, which opened at 2,472.06 KRW, traded between 2,471.55 KRW and 2,497.75 KRW during the day.<\/p>\n<p><strong>About KOSPI<\/strong><\/p>\n<p>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\u2019s performance.<\/p>\n<p>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.<\/p>\n<p><strong><em>Disclaimer: <\/em><\/strong>This article is for informational purposes only. It does not constitute financial advice or an offer to buy or sell any securities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Korea Composite Stock Price Index (KOSPI) opened higher and continued to show positive momentum on Tuesday, 3 December 2024,\u2026<\/p>\n","protected":false},"author":367,"featured_media":24013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-41306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-south-korea"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=41306"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41306\/revisions"}],"predecessor-version":[{"id":41308,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41306\/revisions\/41308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/24013"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=41306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=41306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=41306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}