Jung Chung-rae: "KOSPI 4000 Era Is Imminent... Lee Administration’s Efforts Proven by the Numbers"

[The Financial News] The Democratic Party of Korea (DPK) announced its commitment to usher in the KOSPI 5000 era and create an economic structure where all citizens can share in the resulting prosperity.
At the Supreme Council meeting, DPK leader Jung Chung-rae stated, "The Korea Composite Stock Price Index (KOSPI) continues to rise. The stock market is proving the Lee Jae Myung administration’s efforts for economic advancement." He added, "Yesterday, the KOSPI surpassed 3,748 points, marking yet another all-time high for Korea’s stock market."
He emphasized, "This is a remarkable 56% increase from 2,398 at the start of the year." Jung noted, "With strong buying from foreign investors and institutions, the total market capitalization has exceeded 3,000 trillion won. The KOSPI 4000 era is just around the corner."
Jung also remarked, "The Price-to-Book Ratio (P/B Ratio) continues to climb. This record demonstrates that global confidence in our economic strength is spreading, and it quantifies the Lee Jae Myung administration’s efforts over the past four months."
He further stated, "President Lee Jae Myung has said that the modernization of the stock market is the fastest way to make the people prosperous." Jung pledged, "The DPK will enhance corporate value, normalize the capital market, realize the KOSPI 5000 era, and usher in a new era of happiness for the people."
cjk@fnnews.com Choi Jong-geun Reporter