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Slow year

 
The view of the dealing room at Hana Bank in Seoul on Thursday, the last trading day of the year. The market will open again on Monday Jan. 3. The benchmark Kospi ended the year below 3,000 after falling 15.64 points or 0.52 percent compared to the previous day. The Kospi started off the year favorably as it surpassed the 3,000-mark for the first time less than a week into 2021. The market passed 3,000 during the day on Jan. 6 and closed above 3,000 for the first time the following day. The first time the Kospi surpassed 2,000 was July 25, 2007. The Kospi again broke its all-time record on July 6 when it closed at 3,305.21. However, the Kospi has been struggling due to various factors including inflation concerns and the aggressive spread of the Covid-19 Omicron variant, which is forcing many countries to again go into lockdown. [YONHAP]

The view of the dealing room at Hana Bank in Seoul on Thursday, the last trading day of the year. The market will open again on Monday Jan. 3. The benchmark Kospi ended the year below 3,000 after falling 15.64 points or 0.52 percent compared to the previous day. The Kospi started off the year favorably as it surpassed the 3,000-mark for the first time less than a week into 2021. The market passed 3,000 during the day on Jan. 6 and closed above 3,000 for the first time the following day. The first time the Kospi surpassed 2,000 was July 25, 2007. The Kospi again broke its all-time record on July 6 when it closed at 3,305.21. However, the Kospi has been struggling due to various factors including inflation concerns and the aggressive spread of the Covid-19 Omicron variant, which is forcing many countries to again go into lockdown. [YONHAP]

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