Oct. 16, 2025
Kospi reached a historic high on Thursday, breaking past 3,700 points for the first time, buoyed by strong earnings and optimism that Seoul and Washington are nearing a deal in their trade negotiations. Seoul’s benchmark index closed at a record 3,748.37, up 91.09 points, or 2.49 percent. It opened 0.51 percent higher at 3,675.82, immediately surpassing the previous intraday record of 3,659.91 set a day earlier. The index crossed 3,700 within 15 minutes of trading and continued to climb through