The South Korea stock market has been on a nine-day winning streak, reaching a record high above 4,720 points. Despite geopolitical concerns, global markets are mostly negative. On Wednesday, the KOSPI closed higher, led by financial, auto, and tech stocks. The Dow, NASDAQ, and S&P 500 fell amid rising geopolitical tensions. U.S. retail sales and producer prices increased in November. Crude oil prices rose on fears of U.S. intervention in Iran. The Bank of Korea is expected to keep interest rates unchanged. South Korea will release December trade data, following a trade surplus in November.
Read more at Nasdaq: KOSPI May Finally Run Out Of Steam On Thursday
