The KOSPI moved 18.81 points or 0.79% to 2352.05 on Thursday, snapping three consecutive sessions of advance and tracking tracking losses in US equities amid lingering stimulus uncertainties after United States President Donald Trump expressed skepticism that an agreement could be reached with Democratic leaders on a new round of coronavirus aid relief. Meantime, the Korea Disease Control and Prevention Agency reported 121 fresh novel coronavirus cases with cluster infections reported mainly from hospitals, nursing homes and social gatherings across the country. Among individual stocks, electric vehicle battery LG Chem added 2.92% after the company and its major customer Tesla both posted record quarterly profits.
Historically, the South Korea Stock Market reached an all time high of 2607.10 in January of 2018. South Korea Stock Market - data, forecasts, historical chart - was last updated on October of 2020.
The South Korea Stock Market is expected to trade at 2303.71 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2156.28 in 12 months time.