Korean stock market: KOSPI smashes through 2400 barrier setting two year high

Setting record lows, the Korea Composite Stock Price Index (KOSPI) plunged below the 1500 mark in mid-march of this year as the COVID-19 crisis evolved. Once the initial panic settled, the market experienced a steady recovery and is showing...

Korean stock market: KOSPI smashes through 2400 barrier setting two year high
Setting record lows, the Korea Composite Stock Price Index (KOSPI) plunged below the 1500 mark in mid-march of this year as the COVID-19 crisis evolved. Once the initial panic settled, the market experienced a steady recovery and is showing no signs of stopping. Setting a two year high, the KOSPI has now broken through the 2400 line for the first time since 2018. Will it hold recent gains?