15 Sep 2025 | 3 Mins Read
South Korean stocks hit record high after tax hike scrapped
Flipitmoney
South Korean shares rose to a record high, with the KOSPI increasing 13.17 points or 0.39%, to 3,408.71 on Monday. The government scrapped a tax plan on stock investment, reversing President Lee Jae Myung's earlier decision to revise it, and foreigners bought shares worth $185.62 million, making them net buyers.