KOSPI soars

An electronic signboard in the dealing room of Hana Bank in Seoul on Feb. 16, 2024, shows the benchmark Korea Composite Stock Price Index having risen 34.96 points, or 1.34 percent, to close at 2,648.76. Seoul shares closed higher as investors betted on a possible rate cut by the Federal Reserve as the U.S. retail sales fell by a wider margin than expected. (Yonhap)

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