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Saturday 17 June 2017

SKorea - Kospi posts 16.5% growth since turn of year, 2nd highest globally: ARIRANG NEWS

Published on 16 Jun 2017
한국, 주가상승 환율 하락 모두 최고
Korea's main stock index has been in a bull market for the past several months... as investors snap up local shares at a feverish pace.

From the turn of the year until mid-June,... the benchmark Kospi has spiked 16-and-a-half percent,... the second fastest in the world among major markets.

According to data from the Korea Center for International Finance,... only India's stock market grew faster at 16-point-seven percent.

Other indexes with over 16 percent growth were the PSE in the Philippines and Hong Kong's Hang Seng.

The Korean won has also been strengthened by more than six percent against the greenback over the same period.

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