Seoul shares rise to 10-month high on tech rally
Summary by The Korea Times
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Seoul shares rise to 10-month high on tech rally
Korean stocks finished markedly higher to hit a 10-month high Thursday, driven by gains in tech shares, following strong earnings from U.S. chip giant Nvidia Corp. The Korean won rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose 50.49 points, or 1.89 percent, to close at 2,720.64. It marked the highest level since Aug. 2, when the index finished at 2,725.02. Trade volume was moderate at 444.45 million sha…
·Korea, Republic of
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