South Korea’s Stock Markets Open Strong: KOSPI and KOSDAQ Show Gains on October 18

South Korea’s financial markets saw a positive start on October 18, with both the benchmark KOSPI and the tech-focused KOSDAQ indices recording notable gains compared to their respective previous closing levels.

KOSPI Index Performance

The KOSPI index, which serves as South Korea's primary stock benchmark, commenced trading at 3,432.77 points. This marked an increase of 19.37 points, equivalent to a 0.57% rise, from the prior session’s closing figure of 3,413.40. This uptick highlights renewed investor optimism and signals potential strength across blue-chip stocks listed within the index.

KOSDAQ Index Momentum

Mirroring the upward trend, the KOSDAQ index—focused on South Korea's rapidly growing small-cap and technology industries—opened at 851.94 points. This represented an advance of 6.41 points or 0.76%, compared to its previous closing mark of 845.53. These gains reflect active trading and heightened interest in South Korea’s innovative tech and emerging market sectors.

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