South Korea stock market at three and a half year high, investors may take profit.

From Nasdaq: 2025-06-22 19:00:00

The South Korea stock market continues to rise, with the KOSPI hitting a three and a half year high above 3,020 points. However, investors may lock in gains as global markets face negativity due to U.S. involvement in the Israel/Iran conflict. On Friday, the KOSPI closed higher, led by gains in technology, steel, and automobile companies. Despite a positive start, Wall Street ended mixed with the Dow up, NASDAQ down, and S&P 500 sinking. The U.S. bombed suspected nuclear development sites in Iran on Saturday, impacting global markets. Crude oil prices slipped as U.S. involvement concerns eased.



Read more at Nasdaq: South Korea Bourse Overdue For Profit Taking