#Latest news with #reformPoliciesBloomberg29-05-2025BusinessBloombergKorean Stocks Extend Pre-Election Rally to Highest Since AugustSouth Korea's equity benchmark advanced to the highest in almost 10 months, nearing a bull market as investors heightened bets on more interest rate cuts and reform policies after the presidential election next week. The Kospi Index rose as much as 1.9% on Thursday to trade above the 2,700 level for the first time since August. The gauge is around 1.3% away from reaching a bull market.
Bloomberg29-05-2025BusinessBloombergKorean Stocks Extend Pre-Election Rally to Highest Since AugustSouth Korea's equity benchmark advanced to the highest in almost 10 months, nearing a bull market as investors heightened bets on more interest rate cuts and reform policies after the presidential election next week. The Kospi Index rose as much as 1.9% on Thursday to trade above the 2,700 level for the first time since August. The gauge is around 1.3% away from reaching a bull market.