Korean stocks reach record high on chip gains
South Korean stocks closed today at a new record high, with the KOSPI index rising by 62.13 points to reach 9,114.55 points, after having previously peaked at 9,253.00 points. The increase was supported by gains in semiconductor stocks, while the Korean won weakened against the dollar. The rise was estimated after market openings to be a decline of 1.08%.
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