Seoul Shares Rise as Kospi Rebounds to 2,450, Up 1.6%, Amid Eased U.S. Inflation Concerns

Seoul's stock market showed positive momentum as concerns over U.S. inflation eased. The Kospi index opened higher, starting at around 2,420 points and later attempting to rebound to the 2,440 range, ultimately rising by 1.6%. The Kosdaq index also experienced gains, increasing by 1.4%. Following this trend, the Kospi continued to rise, opening at approximately 2,450 points on December 24, marking its second consecutive day of increases. This upward movement in the market aligns with recent gains in Wall Street, driven by strength in the technology sector.