S. Korean stocks rally; KOSPI hits 2,500 mark for first time in over 2 years
Arirang News
2020-11-16
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코스피 2500선 돌파...2년 6개월 만에 처음
South Korean stocks got off to a nice start on Monday,...with the benchmark KOSPI surpassing the 2,500 mark for the first time in more than two years.
The KOSPI rose point-5-4 percent at the opening bell at 2-thousand-507-point-four-six, and topped 2-thousand-five-hundred-30 during the morning session.
Analysts are attributing the rebound to improved investor sentiment following Joe Biden's projected victory in the U.S. election and Pfizer's promising results on its COVID-19 vaccine candidate.
The tech-heavy KOSDAQ was up more than half-a-percent at 8-hundred-43 on the opening bell.
South Korean stocks got off to a nice start on Monday,...with the benchmark KOSPI surpassing the 2,500 mark for the first time in more than two years.
The KOSPI rose point-5-4 percent at the opening bell at 2-thousand-507-point-four-six, and topped 2-thousand-five-hundred-30 during the morning session.
Analysts are attributing the rebound to improved investor sentiment following Joe Biden's projected victory in the U.S. election and Pfizer's promising results on its COVID-19 vaccine candidate.
The tech-heavy KOSDAQ was up more than half-a-percent at 8-hundred-43 on the opening bell.
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