Source: BlockMedia
Original Title: [Market Opening] KOSPI Starts Higher on Year-End Rally Expectations… KOSDAQ Rises Over 1% on 'ChunSdaq' Hopes
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On December 1, the South Korean stock market opened higher, driven by expectations of a year-end rebound. The KOSDAQ index rose by more than 1%, as investor sentiment significantly improved due to government expectations for the "thousandfold KOSDAQ" policy.
As of 9:12 AM on the morning of the day, the KOSPI index rose by 3.63 points (0.09%) compared to the previous trading day, reporting at 3930.22 points. The index opened strongly at 3967.92 points, up 41.33 points (1.05%), but saw a pullback shortly after the open.
Foreign investors net purchased 6.43 billion Korean Won in the stock market. Individual investors and institutions bought...

U.S. stock indexes rose ahead of Black Friday due to increased consumer optimism. Major retailers like Amazon and Walmart saw gains, while NVIDIA declined amid AI market concerns. Market sentiment also leaned towards a potential interest rate cut.