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KOSPI Surpasses 5800, Won/Dollar Exchange Rate Climbs to 1480s
South Korea's KOSPI index surpassed the 5800 mark on the 13th, while the KOSDAQ closed at 1099.84, up 6.21 points (0.57%) from the previous day. The KOSPI closed at 5808.62, down 50.25 points (0.86%) from the previous day.
In the Seoul foreign exchange market, the won-dollar exchange rate rose to the mid-1480s. The dollar-won exchange rate recorded 1489.2 won at 3:30 PM, an increase of 6.8 won from the previous day's weekly closing price.
This indicates a simultaneous movement in stock prices and exchange rates, key indicators for investors.
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