KOSPI Recovers 6200 Mark, Extends Gains for 3rd Session

On the 16th, the KOSPI, the benchmark index for the stock market, rose for a third consecutive trading day, reclaiming the 6200-point level. The closing price was 6226.05, drawing significant investor attention. This marks the first time the KOSPI has recovered the 6200 mark since the outbreak of the Middle East conflict.

Amid sustained hopes for a resolution in the Middle East, large-scale net buying by foreign and institutional investors led the index's rise.

On the previous trading day, the 15th, the KOSPI had settled above the 6000-point mark for the first time in 32 trading days.