[Market Update] KOSPI Rises to 2946.66 (△1.80%), KOSDAQ Ends at 777.26 (△1.09%)

# South Korea's Benchmark KOSPI Rises 1.80% to Close at 2946.66 On October 16, the KOSPI index surged by 1.80%, ending the trading session at 2946.66, an increase of 52.04 points from the previous close of 2894.62. Meanwhile, South Korea's secondary KOSDAQ index also posted gains, rising by 8.40 points, or 1.09%, to close at 777.26, compared to the prior session’s finish of 768.86. Investor optimism was evident throughout the trading day, as both indices showed significant positive movement, indicating strengthened market sentiment in South Korea.