KOSPI reportedly retakes 7,000 ahead of Trump–Xi summit
A market commentary post cites Samsung’s 2.7% gain and record Korean exports, while flagging a Chuseok trading break ahead of the summit.
TLDR
A September 22 market commentary post says South Korea’s KOSPI retook 7,000 on September 21, with Samsung up 2.7% after the SOX index gained 2.78% the previous Friday. It also cites record Korean exports of $71.4 billion for September 1–20, up 78% year over year. With Korea’s market closing for Chuseok ahead of a Trump–Xi summit expected on September 24, the post argues that the US trading session will price the summit reaction.
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