Business · Markets · 2 hrs ago

South Korea’s KOSPI opens up more than 2% as Kosdaq also rises

South Korea’s KOSPI opens up more than 2% as Kosdaq also rises

South Korea’s KOSPI opened sharply higher on Oct.

28, gaining 2.23% at the start of trading.

By 9:02 a.m.

local time, it was up 1.9% at 5,745.51.

The Kosdaq also climbed, rising 2.25% to 760.60 at the same time.

The KOSPI had already risen 3.09% in the previous session, closing at 5,638.34.

Both major South Korean stock indexes were higher in early trading.

The figures show the market’s movement that morning, but no reason for the gains is given.

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