South Korean Shares Rally on Post-Election Stimulus, Reform Hopes
3 Articles
3 Articles
South Korean shares rally on post-election stimulus, reform hopes
SEOUL: South Korean shares climbed on Wednesday (Jun 4) to their highest levels in 10 months, as liberal presidential candidate Lee Jae-myung's election victory raised hopes of swift economic stimulus policies and market reforms. The benchmark KOSPI jumped 2.66 per cent to 2,770.84, posting its bigges
NHN (CEO Woojin Jung) stock price is skyrocketing. While President Lee Jae-myung, who has a close relationship with Pangyo, is expected to implement a large-scale stock price boosting policy, NHN is shaking off the bad news of the Payco incident and is receiving recognition in the market for its achievements in improving management efficiency and game business.
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