South Korean shares rose more than 1 per cent on Monday as the won's bounce-back eased concerns about possible capital flight, and as investors hunted for bargains on perception that blue chips have been oversold in the wake of weightage changes in MSCI indexes.
The Seoul stock market's main KOSPI index ended up 26.11 points, or 1.28 per cent, at 2,067.85 points. The KOSPI has risen 1.31 per cent so far this year, but has lost 9.1 per cent in the previous 30 trading sessions. The trading volume during the session on the KOSPI index was 381.01 million shares and, of the total traded issues of 894, the number of advancing shares was 401.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korea: Stocks recover from earlier falls[SEOUL] South Korea's KOSPI stock index rebounded from its 1.3 per cent fall in the previous session to close higher on Thursday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
South Korea: Stocks lose 2019 gains as trade war continues[SEOUL] South Korea's $1.3 trillion stock market became the latest victim of the US-China trade war, with its benchmark index losing all of this year's advance on Wednesday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
South Korea: Stocks edge higher on institutional buying[SEOUL] South Korea's KOSPI stock index inched up on Tuesday buoyed by strong institutional buying. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
'On my mind': Trump meets relatives of Japanese abducted by North KoreaUS President Donald Trump on Monday told relatives of Japanese abducted by North Korea that their loved ones were 'very much on my mind' and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
North Korea must legalise markets to prevent rights abuses: UNNorth Korea must create a legal framework for traders buying and selling basic necessities such as food and clothing to tackle rights violations ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
North Korea accuses US of 'evil ambition', says use of strength not a US monopolyWASHINGTON (REUTERS) - North Korea on Wednesday (May 29) accused the United States of showing bad faith in negotiations by conducting nuclear and missile tests and military drills as part of an 'evil ambition' to conquer North Korea by force, even while advocating dialogue.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
North Korea steps up UN campaign for return of seized shipUNITED NATIONS: North Korea on Wednesday (May 29) stepped up a diplomatic campaign at the United Nations to secure the release of a cargo ship ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
North Korea accuses US of ‘evil ambition’WASHINGTON North Korea on Wednesday accused the United States of showing bad faith in negotiations by conducting nuclear and missile tests and military drills, even while advocating dialogue. A North Korean Foreign Ministry statement repeated past complaints about ongoing...
Source: thenewpaper - 🏆 7. / 63 Read more »
Budget airlines the flavour of South Korean aviation market, Jeju travel boomsJEJU, South Korea: Kim Bo-Min, a Starbucks barista, paid 140,000 won (US$118) for a round-trip from her hometown of Daegu to the popular resort ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
'Tough journey': The South Korean mother blazing trail at the Women's World CupSEOUL: When defender Hwang Bo-ram takes to the field in France next month, she will become the first mother to play for South Korea at the Women's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Pentagon tells White House to stop politicizing militarySEOUL, South Korea (AP) — The Pentagon has told the White House to stop politicizing the military, amid a furor over a Trump administration order to have the Navy ship named for the late U.S. Sen. John McCain hidden from view during President Donald Trump's recent visit to Japan.
Source: YahooSG - 🏆 3. / 71 Read more »