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Story summary
- The KOSPI index has surged past 4,100 points for the first time.
- The rally has drawn funds from commercial banks, with demand deposits down 28.5 trillion won as investors shift to equities.
- JP Morgan forecasts gains, predicting the KOSPI could reach 6,000 in a bullish market.
- The Korea Exchange plans to cut trading fees by up to 40% to spur activity and urges investors to exercise caution amid volatility.
