The South Korea stock market has been on a nine-session winning streak, reaching a fresh record high just below 3,350 points. The KOSPI is expected to consolidate on Monday amid global geopolitical concerns. On Friday, the index surged 1.54 percent to close at 3,395.54, with gains from financial, tech, and chemical sectors. The Dow fell 0.59 percent, NASDAQ rose 0.44 percent, and S&P 500 dipped 0.05 percent. Traders are awaiting the Federal Reserve’s monetary policy announcement next week, with expectations of a rate cut. Crude oil prices rose on lingering supply concerns. South Korea will release August trade data today.
Read more at Nasdaq: KOSPI May See Profit Taking On Monday
