Korean Stock Market Hits New Record High

The 1,200-point era of the Korea Composite Stock Price Index (KOSPI) has begun. On September 26, the KOSPI exceeded 1,200 points for the first time, closing at 1,206.41. Large-scale buyouts by institutional investors equipped with Accumulative Fund funds led to the rise in stock prices.

Chul-Min An acm08@donga.com