Kospi touches 8,000 in morning trading

Seoul's benchmark Kospi touched 8,000 for the first time Friday, buoyed by strong retail buying early in the session. The Kospi was trading at about 8,034 as of 9:23 a.m., extending gains after first crossing the 8,000 mark about 14 minutes into the session. The milestone came a day after the index closed just 18.59 points short of 8,000, ending Thursday at a record high of 7,981.41. Retail investors led the rally, as they have throughout the week, racking up more than 700 billion won ($467.6 mi

By The Korea Herald