SEOUL, Feb. 5 (Korea Bizwire) — South Korean stocks are likely to take on an uptick momentum next week on a technical rebound from the recent stock plunge, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,750.26 points Friday, up 3.26 percent from 2,663.34 points a week ago. The South [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korean stocks are forecast to move in a tight range as investors will likely assume a wait-and-see strategy ahead of the Lunar New Year holiday, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,834.29 on Friday, marking the lowest closing price since December [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korean stocks are likely to start gradually picking up next week after the recent plunge from U.S. inflation woes, analysts said Saturday, expecting an increase in chip demand and liquidity in the stock market. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,921.92 points Friday, down [...]
SEOUL, Jan. 8 (Korea Bizwire) — South Korean stocks are likely to come under downward pressure next week amid concerns that the U.S. Federal Reserve’s tapering policy may be harsher than expected, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,954.89 points Friday, down 0.76 percent from last Thursday, the [...]
SEOUL, Jan. 1 (Korea Bizwire) — South Korean stocks are expected to gather ground next week as an optimistic mood from solid U.S. consumer spending during the end-of-the-year holiday season and other factors will likely whet investor appetite for risky assets. The Korea Composite Stock Price Index (KOSPI) closed at 2,977.65 on Thursday, the last [...]
SEOUL, Dec. 31 (Korea Bizwire) — Retail investors who bought shares of foreign luxury brands such as Hermes, Louis Vuitton and Gucci enjoyed higher returns this year. According to data from the Korea Securities Depository, the most net-bought stock by domestic individual investors among those listed on the French stock market was Hermes International SCA. [...]
SEOUL, Dec. 25 (Korea Bizwire) — South Korean stocks are expected to move in a tight range next week, as investors will likely remain wary over uncertainties from the omicron coronavirus variant and rising tensions between the United States and Russia over Ukraine, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) added [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Korean stocks are expected to gain momentum next week, as investor sentiment will be buoyed by eased uncertainty about the U.S. monetary policy, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,017.73 points Friday, little changed from 3,010.23 points a week ago. The [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korean stocks are likely to undergo volatility next week due to uncertainty about the U.S. Federal Reserve’s monetary policy meeting and the latest spike in COVID-19 cases, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,010.23 points Friday, up 1.41 percent from 2,968.33 [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korean stocks are likely to continue to face volatility next week as investors take to the sidelines amid the spreading omicron strain of the coronavirus. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,968.33 points Friday, up 1.09 percent from 2,936.44 points a week ago. The [...]