KOSPI Rallies 1.33%, KOSDAQ Advances 1.38% in October 29 Trading Session

South Korea's stock market showed robust performance on October 29, as both major indices closed higher, reflecting renewed investor confidence and market strength.

KOSPI Climbs Amid Positive Momentum

The KOSPI, South Korea's benchmark index, surged by 45.16 points during the session, marking a notable gain of 1.33%. Its closing level of 3,431.21 represented an improvement from the previous close at 3,386.05. These gains underline growing optimism among investors, driven perhaps by favorable economic indicators or broader global market sentiment.

KOSDAQ Index Posts Gains

The tech-heavy KOSDAQ also sustained upward momentum, finishing the day at 846.71. This increase of 11.52 points, equivalent to a 1.38% rise, demonstrated strength in South Korea's emerging and technology-focused stocks. Compared to the prior close of 835.19, this session’s performance solidified the index’s recent trend of resilience.

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