Kospi continues to rise amid record highs
Published: 14 Jun. 2024, 09:53
Updated: 14 Jun. 2024, 14:00
![A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,754.89 points on Thursday, up 0.98 percent, or 26.72 points, from the previous trading session. [NEWS1]](https://koreajoongangdaily.joins.com/data/photo/2024/06/14/b296bfef-0e4f-4cb1-8315-78a1a6a9e8d9.jpg)
A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,754.89 points on Thursday, up 0.98 percent, or 26.72 points, from the previous trading session. [NEWS1]
Shares opened slightly higher Friday, tracking overnight gains on Wall Street.
The Kospi added 4.72 points, or 0.17 percent, to 2,759.61 in the first 15 minutes of trading.
The Kospi has finished higher for three consecutive sessions, following U.S. stock indexes that climbed to record highs amid a slowdown in inflation.
The Nasdaq and S&P 500 again reached new highs Thursday, helped by renewed hopes for the start of U.S. rate cuts within the year.
In Seoul, large caps traded mixed.
Samsung Electronics soared 1.02 percent, while SK hynix slipped 0.45 percent.
LG Energy Solution lost 0.83 percent, but Samsung SDS gained 0.53 percent.
Hyundai Motor advanced 0.37 percent, with its affiliate Kia adding 0.82 percent.
The local currency was trading at 1,376.55 won against dollar, up 2.65 won from the previous session's close.
BY CHOI HAE-JIN, YONHAP [choi.haejin@joongang.co.kr]
with the Korea JoongAng Daily
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