Stocks rebound 1.8 percent after a four-day losing streak

Stocks bounced back Tuesday, snapping a four-day losing streak, as investors scooped up oversold stocks ahead of the quarterly earnings season. The local currency fell against the dollar.

2022-07-05

Stocks drop for a fourth day as recession fears increase

Stocks dipped for a fourth consecutive day to hit a fresh 20-month low Monday as investors worry the U.S. Federal Reserve's move to curb inflation may trigger a deeper-than-expected economic recession. The local currency inched up against the dollar.

2022-07-04

Stocks fall almost 2% for second straight session

Stocks plunged by almost 2 percent Thursday to slump for a second straight session amid recession woes and a dim outlook for the chipmaking sector. The won rose against the dollar.

2022-06-30

Stocks drop as signs of a possible recession more evident

Stocks snapped their three-day winning streak Wednesday, as investors were spooked by overnight plunges on Wall Street caused by growing concerns about a recession. The won tumbled against the dollar.

2022-06-29

Stocks rise for a third day as individuals lead buying

Shares ended higher Tuesday to extend their winning streak to a third day as auto and technology stocks advanced on bargain hunting, with investors keeping an eye on U.S. economic data and Federal Reserve policy.

2022-06-28

Stocks rise for a second day as foreign investors buy

Shares ended higher for the second straight session Monday, as investors speculate the pace of the Federal Reserve's rate hikes could be slower than expected amid global recession woes. The local currency sharply rose against the dollar.

2022-06-27

Stocks fall again as investors avoid risky assets

Stocks fell again Thursday, as investors avoided risky assets amid monetary tightening and recession fears. The local currency fell to the lowest point against the dollar in almost 13 years. After choppy trading, the Kospi dropped 28.49 points...

2022-06-23

Wonting more

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,342.81 points on Wednesday, down 66.12 points, or 2.74 percent, from the previous trading day.

2022-06-22

Won falls to lowest point against dollar in 13 years as stocks fall again

Stocks fell again, shedding almost 3 percent Wednesday as recession woes made investors avoid risky assets amid hawkish monetary policy in major economies. The local currency fell to the lowest point against the dollar in 13 years.

2022-06-22

Stocks rebound from 19-month low on bargain hunting

Stocks rebounded Tuesday from a fresh 19-month low the previous session on bargain hunting amid lingering concerns over high inflation and a global economic slowdown. The local currency fell against the dollar.

2022-06-21

Home > >