Seoul Stocks Open Tad Lower Despite Wall Street Gains
5 Articles
5 Articles
On the 28th, the first trading day after the Chuseok holiday, the KOSPI index is showing a slight downward trend in early trading. Having started lower, the KOSPI is fluctuating around the 7,050 level. As of 9:08 AM, the KOSPI index was at 7,054.75, down 26.17 points (0.37%) from the previous trading day. The index opened at 7,075.86, down 0.33% (23.06 points). In the securities market, individual
Seoul stocks open tad lower despite Wall Street gains
Korean stocks opened lower Monday despite Wall Street's advance, as hopes for a diplomatic breakthrough in the Iran conflict pushed oil prices lower. The benchmark Korea Composite Stock Price Index, or KOSPI, fell 23.06 points, or 0.33 percent, to 7,057.86 in the first minutes of trading. The KOSPI extended its winning streak to a fourth session Wednesday and was closed Thursday and Friday for the Chuseok holiday, Korea's equivalent of Thanksgiv…
(Seoul = Yonhap News) Reporter Kim Yu-hyang = On the 28th, whether the KOSPI can continue its upward trend, buoyed by the recovery of losses in the U.S. stock market and strength in semiconductor stocks during the Chuseok holiday period...
South Korean markets reopen as oil and bond yields test chip-led rally
South Korean financial markets reopen Monday after the Chuseok break with investors facing higher global borrowing costs, volatile energy prices and continued strength in semiconductor shares. The KOSPI last closed at 7,080.92 on Sept. 23, up 0.9% for the day and 2.7% over the shortened week, as gains in Samsung Electronics and SK Hynix helped […]
Last week, the KOSPI continued its upward trend and settled at the 7,000 mark.
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