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South Korean stocks ended slightly lower Thursday ahead of the release of a key US inflation report due later this week and on remarks by a Fed official that more data are necessary to cut rates. The local currency gained against the US dollar. The benchmark Korea Composite Stock Price Index lost 9.29 points, or 0.34 percent, to close at 2,745.82. Trade volume was moderate at 412.5 million shares worth 11.7 trillion . ....
South Korean stocks closed slightly higher Tuesday as investors remained cautious after a recent rally stemming from the US central bank's dovish stance. The local currency rose against the greenback. After choppy trading, the benchmark Korea Composite Stock Price Index gained 3.08 points, or 0.12 percent, to close at 2,602.59, ending the two-day losing streak. Trade volume was moderate at 429.4 million shares w. ....
Foreign investors have gone on a buying spree of Korean shares for the past two months on growing hopes for a gradual end to the ongoing cycle of monetary tightening. According to data from the Korea Exchange, foreign nationals purchased Korean shares worth 6.07 trillion won between Oct. 1 and Nov. 29. They focused on buying major large-cap tech stocks such as Samsung Electronics, LG Energy Solution and SK hynix. ....
Apple TV+ introduces the new masterpiece “Pachinko” and its characters including Lee Min Ho, Youn Yuh Jung, Kim Min Ha and more through its first ever trailer.