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KOSPI Opens Up 2.48% Friday
KBS World (English)
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South Korea's main stock index, the KOSPI, surpassed the 9,000-point mark during intraday trading on Thursday and closed at a record high of 9,063.84, up 2.25 percent. The breakthrough was driven by strength in semiconductor stocks, as investors dismissed concerns over the U.S. Federal Reserve's indication of potential rate increases.
[Economy] :
The benchmark Korea Composite Stock Price Index rose 225-point-05 points, or two-point-48 percent, on Friday to open at nine-thousand-288-point-89.
The tech-heavy KOSDAQ climbed zero-point-47 points, or zero-point-05 percent, to open at one-thousand-one-point-four.
The South Korean won weakened against ...
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