[Breaking] KOSPI Surpasses 9,000 Mark for First Time Ever, Up 1.5%
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- The KOSPI index surpassed 9,000 points for the first time in its history on June 18, 2026.
- The KOSPI opened higher but later saw a slight increase, closing at 8,884.92 points.
- The KOSDAQ index fell, and the won-dollar exchange rate rose in early trading.
South Korea's benchmark KOSPI stock index achieved a historic milestone on June 18, 2026, breaching the 9,000-point mark for the first time. The index opened trading at 8,884.92 points, marking a modest increase of 20.68 points, or 0.23%, from its previous closing value of 8,864.24.
Despite the initial surge to a record high, the KOSPI's gains moderated throughout the morning. By midday, the index registered a 1.5% increase, reflecting a dynamic trading session. The performance indicates continued investor confidence in the South Korean market, despite broader economic fluctuations.
In contrast to the KOSPI's upward trend, the KOSDAQ index, which tracks smaller companies, experienced a slight decline. It opened at 1,029.81 points, down 2.15 points, or 0.21%, from its previous close of 1,031.96.
Meanwhile, the South Korean won weakened against the U.S. dollar. The won-dollar exchange rate began the trading day at 1,525.0 won per dollar, an increase of 11.6 won from the previous week's closing rate of 1,513.4 won.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.