Stock Market's KOSPI Index Poised to Surpass 3,200 Mark
KOSPI Climbs Higher in Two Consecutive Sessions
The South Korea stock market, specifically the KOSPI, has climbed higher in two consecutive sessions, with the index rising 9.16 points or 0.29 percent to a finish at 3,196.32 on Thursday. The KOSPI is currently just shy of the 3,200-point plateau, having advanced almost 20 points or 0.6 percent in these sessions.
The global forecast for Asian markets suggests little movement ahead of key U.S. inflation data later today. South Korea will see July data for industrial production and retail sales later this morning. The latest KOSPI forecasts for Friday, created by Trading Economics based on global macro models and analyst expectations, predict a trading level around 3127.40 points at the end of this quarter, with a medium-term estimate of about 2982.51 points over the next 12 months. On September 5, 2025, the KOSPI closed at 3205 points, up 0.13% from the previous session.
In June, South Korean retail sales rose 0.5 percent on month, while industrial production was up 1.6 percent both on month and on year. The KOSPI may open to the upside again on Friday.
The European markets were mixed and flat, and the U.S. bourses were slightly higher. The Labor Department noted a modest decrease by first-time claims for U.S. unemployment benefits last week. West Texas Intermediate crude for October delivery was up $0.42 or 0.65 percent at $64.57 per barrel, with crude oil prices moving higher on Thursday.
No new information about the global forecast for Asian markets was provided in this update. The U.S. economy grew more than estimated in the second quarter of 2025. No specific information about the performance of the KOSPI or its potential opening direction on Friday was provided. Volume for the day was 309 million shares worth 9.5 trillion won.
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