Kospi crosses 2,800 mark on chip rally
Kospi crosses 2,800 mark on chip rally | An electronic signboard is seen showing the closing mark of the Kospi at a currency dealing roomm of Hana Bank headquarters in Seoul, Thursday. (Yonhap) South Korea‘s stock market hit a new all-time high Thursday as the Korea Exchange’s main board Kospi crossed the 2,800 mark on massive institutional buying of chip shares. The Kospi rose 1.7 percent to 2,806.86 on Thursday, pushing its total market cap to reach 1,936.5 trillion won ($1.8 trillion). Kospi crossing the 2,800 mark came three weeks after it passed the previous threshold of 2,700 on D...
Source: koreaherald.com