Korean Stocks Start Year At An All-Time High

The Korea Composite Stock Price Index, or the KOSPI, ended the first day of 2011 trading on a positive note after hitting another 52-week high on Monday, as stock markets throughout the Asian region posted gains. The Korean stock market opened in positive territory and remained there for the rest of the trading day. The Korea Composite Stock Price Index opened at 2,063.69, which was above the previous trading day's close at 2,051.00. The KOSPI ended the Monday trading session up 19.08 points, or 0.93%, at 2,070.08. The KOSPI moved in a range between 2,054.83 and a 52-week high of 2,070.09. Investors who would like to invest in South Korean equities might want to consider the iShares MSCI South Korea Index

, which seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the South Korean markets, as measured by the MSCI South Korea index. Read more