Stock Market on Yet Another High
08 June, 2021
The Korea Composite Share Selling price Index closed at a fresh high of 3,252.12 tips on Monday, up 0.37 percent from the previous session.
The prior record was set on May 10 when the KOSPI ended at 3,249.30 points.
Analyst Oh Hyun-seok in Samsung Securities, said, "Expectations of an economical recovery and corporate earnings had a bigger effect on investor sentiment than issues over inflation and soaring interest rates."
Tech shares led the frenzy, with Kakao up 1.61 percent and Naver up 1.54 percent, but Samsung Electronics, the top listed company regarding market cap, fell 0.36 percent.
The junior Kosdaq closed straight down 0.17 percent at 985.86 points.
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