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 [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Korean stocks are likely to continue fluctuating in a tight range next week amid concerns about a rise in new coronavirus cases and the rising inflation pressure. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,936.44 points Friday, down 1.16 percent from 2,971.02 points a week [...]
SEOUL, Nov. 20 (Korea Bizwire) — South Korean stocks are likely to continue fluctuating in a tight range next week amid lingering uncertainties about inflation pressure. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,971.02 points Friday, slightly up from 2,968.8 points a week ago. Stocks slumped from Tuesday to Thursday as strong [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s benchmark stock index is likely to come under selling pressure next week as uncertainties from the fast-growing inflation continue to fan expectations of a quick rate hike by the U.S. Federal Reserve, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,968.8 points [...]
SEOUL, Nov. 6 (Korea Bizwire) — South Korea’s benchmark stock index is likely to move in a tight range next week, although volatility may increase due to policy uncertainties, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,969.27 points Friday, nearly unchanged from 2,970.68 points a week ago. The KOSPI fluctuated [...]
SEOUL, Oct. 30 (Korea Bizwire) — Seoul shares may fall further to 2,900 next week depending on upcoming global economic indicators and the Federal Reserve chairman’s possible comments on tighter monetary policy, analysts said Saturday. The Benchmark Korea Composite Stock Price Index (KOSPI) fell for a third straight day to end 1.3 percent lower at [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korean stocks are likely to move in a tight box next week as investors weigh the potential impacts of the U.S. Federal Reserve’s tapering and hopes of strong corporate earnings, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,006.16 points Friday, down 0.3 [...]
SEOUL, Oct. 16 (Korea Bizwire) — South Korean stocks are likely to move in a tight range next week as investors weigh the outlook for third-quarter corporate earnings and the Federal Reserve’s signal over tapering of its timeline for stimulus, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,015.06 points [...]
SEOUL, Sept. 17 (Korea Bizwire) — Stock transactions in South Korea spiked more than 70 percent in 2020 amid an investment craze among retail investors, data showed Friday. The value of stock trading in Asia’s fourth-largest economy stood at 35,397.3 trillion won (US$30.2 trillion) last year, up 70.5 percent from a year earlier, according to [...]
SEOUL, Sept. 14 (Korea Bizwire) — Starting from next year, retail investors will be able to buy blue-chip stocks costing tens of thousands of won per share in decimal points not only from foreign stock exchanges but also at domestic ones. The Financial Services Commission (FSC), the nation’s top financial regulator, announced that it had [...]