Kospi closes just shy of 7,500

The South Korean benchmark Kospi extended its gains Friday, finishing a touch below the 7,500-point threshold. The Kospi closed at 7,498, up 0.11 percent, from the previous session, reversing earlier losses to finish higher. The index got off to a weak start, opening 1.82 percent lower at 7,353.94 from the previous session. It extended its losses in early trading before reversing course late in the session and turning positive shortly before the market close. The index climbed as high as 7,511.0

By The Korea Herald