Seoul stocks open higher tracking US gains as oil prices ease
Tech stocks led Seoul gains as the KOSPI rose 0.57 percent after Trump eased fears of a prolonged Iran conflict.
6 Articles
6 Articles
Seoul stocks open higher tracking US gains as oil prices ease
Seoul shares opened higher Thursday, tracking overnight gains on Wall Street, while oil prices eased after U.S. President Donald Trump played down the prospect of a prolonged conflict with Iran. After opening 1.33 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) trimmed gains, trading 37.68 points, or 0.57 percent, higher at 6,600.4 as of 9:15 a.m. The main index plunged 3.99 percent to 6,562.72 in the previous session ami…
Asian stock markets opened higher, boosted by a slowdown in crude oil prices after Donald Trump indicated that a new attack on Iran would likely be short-lived. Meanwhile, investors are watching for US employment figures later this week. The post Asian Stocks Open Higher! Oil Prices Tend to Retreat After Trump Signals Iran War Will Not Be Protracted appeared first on Business Online Stock News.
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