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The Korean stock market rallied early Wednesday, with the benchmark Kospi breaking above 2,700 points during trading hours for the first time in nearly two years as the market tracked overnight Wall Street gains. The local benchmark Kospi touched 2,701.45 points during intraday trading. The peak came shortly after it opened at 2,694.71, marking a 12.9 points rise from the previous close at 2,681.81. After hitting a r. ....
South Korean stocks ended higher Tuesday as investors scooped up tech, battery and other blue chips. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index rose 21.97 points, or 0.83 percent, to 2,681.81. Trade volume was moderate at 390 million shares worth 9.45 trillion won ($7.3 billion). Losers, however, beat winners 495 to 365. Institutions led the overall gains, buying a . ....
South Korean stocks closed lower Thursday as investors sat on the sidelines ahead of the release of some key US inflation data and the holiday this week. The local currency gained against the US dollar. The benchmark Korea Composite Stock Price Index shed 9.93 points, or 0.37 percent, to 2,642.36. Trade volume was moderate at 484 million shares worth 12.5 trillion won (US$9.44 billion), with losers outpacing gainers . ....
Korean stocks closed lower Thursday as investors sat on the sidelines ahead of the holiday this week while keeping a watchful eye on U.S. inflation trends. The local currency gained against the U.S. dollar. ....
Korean stocks closed lower Thursday as investors sat on the sidelines ahead of the holiday this week while keeping a watchful eye on U.S. inflation trends. The local currency gained against the U.S. dollar. ....