April 25, 2024

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[THE INVESTOR] Korea’s main stock market has been the third-best performer among bourses in major advanced and emerging countries this year, data showed on Nov. 9.

The benchmark KOSPI fell for the second session to close at 2,545.44 on Nov. 7 on profit-taking after touching an all-time high on Nov. 3, according to the data by the Korea Exchange.

Yet the Nov. 7 closing points were up a whopping 25.6 percent from the end of last year, posting the third-highest gain among major stock indexes in the G20 nations.

Market watchers expected the key stock index to gather further ground down the road, given the country’s strong corporate earnings.

By Alex Lee and newswires (alexlee@heraldcorp.com)