Risk-on mood pushes the Kospi Composite Index 1.47% higher

Published: January 26 2023, 06:10 GMT+0

Risk-on mood pushes the Kospi Composite Index 1.47% higher

Yesterday at a glance: after closing at 2,428.57 the day before, KOSPI Composite Index maintained a strong bullish bias that helped the index close higher at 2,464.19 yesterday. However, market bears ensured the the Kospi Composite Index topped out at 2,465.34 and that by the end of the session, the market had marked out a distinct 2,426.4 to 2,465.34 range.

The Kospi Composite Index has gained 8.59% since its lowest print of 2,155.49 earlier this year.

Other markets are also showing gains as Hang Seng ascends 1.93% yesterday and closed at 22,045.

Meanwhile, after ending yesterday's session at 7,490.4, ASX 200 lost 22.1 points and is trading around 7,468.3.

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