The Kopi rose 10.69 points, or 0.39 percent, to close at 2,745.05.
Shares opened higher Wednesday on institutional buying, with investors staying watchful on whether the U.S. Federal Reserve will slash key rates this year.
Korea's IPO market hit a 22-year high as companies rushed to go public amid strong investor demand and a favorable market environment, with HD Hyundai Marine Solution set to have the biggest offering in the first half of this year.
Shares surged more than 2 percent as hopes of a U.S. rate cut lifted investor sentiment. Samsung and SK hynix were among major gainers.
Christian Magoon, CEO of U.S. ETF sponsor Amplify ETFs, said that value stocks are emerging as an appealing alternative to tech large caps, which face a slowdown.
Shares opened higher Tuesday, tracking overnight gains on Wall Street, as investors were buoyed by looming hopes that the U.S. Federal Reserve may slash key rates this year.
The interim results of an investigation by the financial watchdog found that BNP Paribas, HSBC and seven others engaged in illegal short selling with a total value of 211.2 billion won.
The financial authorities released a draft guideline of the corporate value-up program, which was met with disappointment by the market for a lack of concrete measures.
The Kospi shed 7.02 points, or 0.26 percent, to close at 2,676.63 as investors await U.S. employment data.
Shares opened higher Friday, tracking overnight gains on Wall Street.
Korea JoongAng Daily Sitemap