Kospi Hits Record High, President Lee Targets 5,000
The Kospi, South Korea's main stock market index, reached a historic milestone on October 2, closing at an all-time high of 3,549.21. This marks the first time the index has surpassed the 3,500 mark in the stock market today.
The Korea Exchange, which operates the Kospi, has been making strides in recent years. The exchange's chairman, speaking at the Korea Capital Market Conference, had previously expressed confidence in the stock market's growth. President Lee has now set a new goal for the Kospi, aiming to reach 5,000 in the future.
The Kospi's latest record high is a testament to the growing confidence in South Korea's economy. With President Lee's ambitious target, investors and market participants alike are watching the Kospi's progress with keen interest in the stock market today.
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