Business · Markets · 38 mins ago

South Korea’s KOSPI rises more than 2% in early trading

South Korea’s KOSPI rises more than 2% in early trading

South Korea’s KOSPI rose more than 2% early on Nov.

4.

At 9:06 a.m., the index was up 150.98 points, or 2.67%, at 5,799.77.

It had opened 2.43% higher at 5,786.13.

The rise followed a rebound in US semiconductor stocks overnight, which was cited as a likely influence.

The move came as US midterm elections began the previous night.

The figures describe early trading, not where the index finished the day.

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What people are saying

Seo Sang-youngMirae Asset Securities researcher
We expect the domestic stock market to open higher today, helped by strength in US semiconductor companies and a decline in international oil prices.
via Donga Ilbo