Higher Open Predicted For South Korea Stock Market
From Nasdaq: 2025-06-08 19:00:00
The South Korea stock market closed higher for three consecutive sessions, gaining over 4.2% and reaching above the 2,810-point mark. Positive global forecasts, fueled by strong US employment data, are expected to provide further support on Monday. Tech and industrial sectors led the KOSPI’s 1.49% spike on Thursday, while financials saw profit-taking. Major stocks like Samsung Electronics and Naver posted gains, contributing to the market’s overall uptrend. Wall Street also closed higher on Friday, with the Dow, NASDAQ, and S&P 500 all posting gains. Crude oil prices rose in response to better-than-expected US job growth in May.
Read more at Nasdaq: Higher Open Predicted For South Korea Stock Market