Kospi hits record high, races toward 7,000

The South Korean benchmark Kospi surged to another high as of closing Tuesday as it continued its strong upward momentum. The index is now swiftly approaching the 7,000-point threshold. The Kospi closed at 6,641.02, gaining 0.39 percent from the previous session. It notched an all-time high as of closing, surpassing Monday's record 6,615.03 close. During trading, it surged to a record high of 6,712.73, surpassing the 6,700 mark for the first time. It first closed above the 5,000 mark, a historic

By The Korea Herald