KOSPI Goes Through Record Bull Streak

      April 17, 2019 12:20

      The Korea Composite Stock Price Index has been rising for 13 straight sessions, beating the previous record set 35 years ago.

      The KOSPI closed up 0.26 percent on Tuesday at 2,248.63 points and has been rising since March 29.

      An electronic board shows the Korea Composite Stock Price Index closing at 2,248.63 points at KEB Hana Bank headquarters in Seoul on Tuesday. /Newsis

      Foreign investors led the bull streak, snapping up W2.5 trillion worth of IT, banking and duty-free-shop stocks (US$1=W1,137).

      But individual investors cashed in W2.6 trillion worth of stocks on the strength of the rally. The KOSPI rose 5.7 percent over the 13 sessions.

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