Nikkei-225 and KOSPI Indexes Are Expected to Gain More by the End of 2020
15.07.2020, 05:51

Nikkei-225 and KOSPI Indexes Are Expected to Gain More by the End of 2020

According to the COVID-19 morbidity rates reports, more specifically in Asian countries, it starts to recover from coronavirus devastating effect. Many countries have announced a successful recovery with falling numbers of new coronavirus cases or even zero new cases. Stocks in Asia mostly traded higher on Wednesday as hopes for a coronavirus vaccine rise. Nikkei 225 Index, KOSPI Index (Korea Stock Exchange) and S&P/ASX 200 have gained on Wednesday trading.

The Nikkei-225 represents and measures the performance of 225 large, publicly owned companies in Japan from a wide array of industry sectors, in which daily trading stock in Tokyo Stock Exchange. The Nikkei 225 gained 1.5% (+338.49). The current rate is 22,925.50. The highest level of Nikkei-225 of day trading is 22,959.50 and the lowest is 22,800.11. From the technical perspective, the expected target for long-term investment is 24,115.95.

Korea Composite Stock Price Index, KOSPI is the representative stock market index of South Korea like the S&P 500 in the United States. KOSPI's daily volume is hundreds of millions of shares or (trillions of South Korean won (₩). KOSPI gains 19.33 (0.9%) on Wednesday trading. The highest intraday trading is 2,216.97 with the lowest of 2,190.66 points. For the three months investment, the KOSPI Stock Index forecast is expected maximum value of 2693, while minimum of 2189. 

  • Name: Hussain Shabbir
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