Kospi extends rally with fresh high

The South Korean benchmark Kospi surged to another high Tuesday, topping 6,700 points in during intraday trading as it continued its strong upward momentum. The index is now swiftly approaching the 7,000-point threshold. The Kospi opened at 6,646.8 points, 0.48 percent higher from the previous session, and soon surpassed the 6,700 mark in early trading. After extending its gain to as high as 6,712.73, it partly pared the gains to stand at 6,657.45 at 2:30 p.m., climbing 0.64 percent on-session.

By The Korea Herald