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KOSPI Surges Over 4% to Reclaim 6,600 Level; KOSDAQ Continues Rally
yonhap_finance · 2026-08-05
The KOSPI index jumped more than 4% in early trading to reclaim the 6,600 mark, while the KOSDAQ index extended its winning streak to four days.
What Happened
Market Surge: The KOSPI index experienced a sharp rally on the 5th, climbing over 4% in early trading to reclaim the 6,600 level. Strong buying momentum pushed the index significantly higher shortly after the market opened.
KOSDAQ Momentum: The KOSDAQ index also maintained a positive trajectory, marking its fourth consecutive day of gains. Both major indices are showing synchronized strength amidst improved market sentiment.
Investor Sentiment: Despite recent market volatility, the significant rebound has bolstered investor confidence. Market participants are closely watching to see if this early morning momentum can be sustained throughout the trading session.
Market Outlook: As the index breaks through key resistance levels, analysts are evaluating the potential for further gains. Investors remain focused on upcoming economic indicators and liquidity trends to guide their future strategies.