SEOUL, June 16 (Korea Bizwire) — South Korean stocks soared to the highest mark in over three years Monday, driven by big gains in the defense, energy and IT sectors. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) jumped 52.04 points, or 1.8 percent, to end at [...]
SEOUL, June 13 (Korea Bizwire) – South Korean stocks snapped their seven-day winning streak Friday as rising tensions in the Middle East heightened investors’ risk-off sentiment. The local currency was trading sharply lower against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) lost 25.41 points, or 0.87 percent, to close at 2,894.62. [...]
SEOUL, May 23 (Korea Bizwire) — South Korean stocks finished almost flat Friday amid a lack of investment catalysts following mixed overnight results on Wall Street. The local currency gained against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) fell 1.58 points, or 0.06 percent, to close at 2,592.09. Trade volume was [...]
SEOUL, May 21 (Korea Bizwire) — South Korean stocks finished nearly 1 percent higher Wednesday to snap a two-day fall, as investors bolstered bio, heavy industry and other blue chips despite overnight losses on Wall Street. The local currency gained against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) gained 23.78 points, [...]
SEOUL, May 16 (Korea Bizwire) — South Korean stocks finished a tad higher Friday as investors scooped up food and defense shares amid eased tariff woes. The local currency rose to its highest level in six months against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) gained 5.51 points, or 0.21 percent, [...]