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Market Overview

South Korean Stocks Climb 0.37% To Another 52-Week High

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The Korea Composite Stock Price Index, or the KOSPI, opened above the previous day's closing level then spent much of the day moving back and forth between positive and negative territory before a rally late in the afternoon sent share prices to another 52-week high.

The Korea Composite Stock Price Index opened at 2,047.82, which was above the previous day's close at 2,043.49.

The KOSPI ended the Thursday trading session up 7.51 points, or 0.37%, at 2,051.00.

The KOSPI moved within a range between 2,041.66 and a 52-week high of 2,052.97.

Investors who would like to invest in South Korean equities might want to consider the iShares MSCI South Korea Index (NYSE: EWY), which seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the South Korean markets, as measured by the MSCI South Korea index.

Read more from Benzinga's ETF news.

 

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Posted-In: Korea Composite Stock Price Index KospiNews Specialty ETFs Global Intraday Update Markets ETFs

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