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KOSPI briefly reclaims 7,100 before Chuseok profit-taking

  • KOSPI briefly reclaimed 7,100 in early Tuesday trading.
  • 7,100 was the index’s key level during the session.
  • Investors took profits ahead of the Chuseok holiday.

South Korea’s KOSPI briefly moved back above 7,100 in early Tuesday trading, helped by gains in U.S. semiconductor stocks. Investors then took profits ahead of the Chuseok holiday, leaving the index to give back a substantial part of its advance. The session’s pattern mirrored the previous trading day.

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KOSPI briefly reclaims 7,100 before Chuseok profit-taking - CoinPost Terminal