Kospi set for new peak amid continued Mideast crisis

South Korea's benchmark stock index breached a pre-Middle East-crisis high Tuesday and is poised to reach a new high. After opening higher, the benchmark Kospi hovered around the 6,350-point level at around 10:00 a.m., up over 2 percent from the previous session's close. The previous high was recorded on Feb. 26, when the benchmark index closed at 6,307.27. Seoul shares had been suffering extreme volatility since the onset of the war between the United States and Iran. The country's benchmark in

By The Korea Herald