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🖥️KOSPI SURGES AMID US TECH RALLY

🖥️KOSPI SURGES AMID US TECH RALLY

Day: 11 | Time: 04:54:27 The KOSPI, the benchmark index of South Korea, rose by 0.9%, reaching its highest level since mid-January 2022, following the rally on Wall Street driven by strong gains in US technology companies. Investors are also awaiting data on US inflation for June. The Bank of Korea has kept interest rates unchanged, but a future reduction in financing costs is expected. Stocks in the chip and finance sectors recorded the biggest gains, while gaming company Shift Up saw a 33% increase after an initial public offering that raised $313 million.