HONG KONG — With the Korean government reaching its ambitious KOSPI 5,000 goal faster than expected, attention is shifting to the secondary Kosdaq market — a bourse aimed at nurturing innovative, tech-heavy companies, similar to the Nasdaq.
The benchmark Korea Composite Stock Price Index (KOSPI) surged 167.78 points, or 3.13 percent, to close at an all-time high of 5,522.27. This marked the first time the KOSPI breached the 5,500-point threshold.