Stock markets rise for 5th day on private buying...KOSPI recovers to 2,500-point level

2024.12.16. AM 09:22
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Our stock market continued to rise after President Yoon Suk Yeol's impeachment motion was passed by the National Assembly.

In the stock market, the Kospi recovered to the 2,500-point level, starting at 2,511.08, up 0.67 percent.

The KOSDAQ index also started the day at 699.81, up 0.88%.

In both markets, individuals are leading the index higher with net buying.

The KOSPI and KOSDAQ indexes have been on a calm note, rising for five consecutive days after the emergency martial law shock.

In the Seoul foreign exchange market, the won-dollar exchange rate started at 1,431 won and has fluctuated slightly around 1,430 won.

In the market, the impeachment bill avoided the worst, but many predict that the high exchange rate will continue for the time being.



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