| Mobile Web

KOSPI recovers 8,500; foreigners net buyers for second straight session

South Korea\'s KOSPI surged more than 5 percent on June 15 to regain the 8,500 level, supported by foreign and institutional buying. Easing war risk between the United States and Iran, the end of a SpaceX listing event and a steady won-dollar exchange rate helped lift sentiment. A buy-sidecar was triggered during the session. Most heavyweight shares rose, while the Kosdaq edged higher. The won strengthened slightly against the dollar.