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Market flat even as foreigners sell for 8th day
Local stocks finished almost unchanged Monday, but foreign investors remained net sellers for the eighth consecutive session, marking the longest selling spree since last November. The won rose against the dollar. The benchmark Kospi fell 0.09 poi…
May 21,2019
Escalating trade war continues to hurt Kospi
Local stocks sank 1.2 percent Thursday on the escalating trade war between the United States and China, with Washington vowing to ban foreign telecom equipment, analysts said. The won again lost ground against the dollar. The benchmark Kospi plung…
May 17,2019
Tariff war jitters recede and Kospi reaps gains
Local shares closed higher Wednesday on eased concerns about a tariff war between the United States and China, the world’s two largest economies, which are also Korea’s largest trading partners. The won rose slightly against the dollar. The benchm…
May 16,2019
Seoul stocks inch up but won still struggling
Korean shares closed a tad higher Tuesday, largely helped by institutional buying, one day after the local shares plunged to a near four-month low. The won continued to lose ground against the dollar. The benchmark Kospi added 2.83 points, or 0.14…
May 15,2019
Shares continue fall after Friday’s small rally
Shares dropped on Monday, after a slight rebound in the previous session, amid a worsening trade dispute between the world’s two largest economies, which may now be on the verge of an all-out trade war. The local currency fell sharply to the lowes…
May 14,2019
Kospi drops 3.04% as won falls to 2-year low
Local stocks extended their losing streak to a fourth day Thursday, plunging more than 3 percent, the sharpest drop in almost seven months ahead of two days of trade negotiations between Washington and Beijing. The Korean won also sank to the lowest …
May 10,2019
Seoul stocks continue losing streak for 3rd day
Local stocks extended their losing streak to a third day on Wednesday amid the deepening trade dispute between the United States and China. The won lost ground against the dollar. The benchmark Kospi fell 8.98 points, or 0.41 percent, to close at …
May 09,2019
Local shares drop, won gains ground on dollar
Local stocks closed sharply lower Tuesday as institutional investor sentiment weakened in Korea’s electronics, financial and chemical industries. The won gained ground against the dollar. The benchmark Kospi dropped 19.33 points, or 0.88 percent, …
May 08,2019
Kospi closes higher on improving export stats
Local stocks closed higher Thursday as investors pinned hopes on exports recovering down the road, analysts said. The won gained ground against the dollar. The benchmark Kospi moved up 9.16 points, or 0.42 percent, to close at 2,212.75. Trading vo…
May 03,2019
Kospi jumps up ahead of U.S. Fed decision
Local stocks rose sharply Monday as investors’ appetite increased ahead of the U.S. Federal Reserve Bank’s monetary policy decision this week. The won rose against the dollar, snapping its five-day losing streak. The benchmark Kospi rose 37.12 poi…
Apr 30,2019
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