The South Korea stock market surged to a record high, with the KOSPI gaining over 240 points in two sessions. The global forecast is positive, with oil companies expected to lead. On Monday, the KOSPI closed at 4,457.52, up 147.89 points, driven by gains in financial, tech, and auto stocks. The Dow in the U.S. also rallied, with Chevron leading the gains. The jump in Chevron’s stock was due to a U.S. attack in Venezuela, boosting oil prices. Crude oil prices surged after OPEC announced a production pause until early 2026, easing oversupply concerns.
Read more at Nasdaq: Overbought KOPSI Called Higher Again On Tuesday
