SKorean market opens higher on first day of 2023

(2 Jan 2023)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
The Korea Exchange, Seoul - 2 January 2023
1. Various of the Korea Exchange officials pressing buttons to signal 2023 market opening with confetti and fireworks
2. Various of official delivering speech during the market opening ceremony
3. SOUNDBITE (Korean) Sohn Byungdoo, Chairman of Korea Exchange:
"I will focus on easing Korea Discount. I will overhaul outdated practices and unnecessary regulations. I will also lower the barrier to foreign investment."
4. Various of KOSPI (Korea Composite Stock Price Index) displayed on a computer screen and main screen

STORYLINE:

Representatives from South Korea's government and the Korea Exchange on Monday opened the 2023 stock market with a ceremony in Seoul.

The South Korean market opened higher than the previous year's close at the beginning of the trading session.

Electronic screens displaying the KOSPI (Korea Composite Stock Price Index) in Seoul showed it at 2249.95, which was 13.55 points higher.

AP Video shot by Yong Jun Chang



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