Stocks end lower over gloomy outlook on inflation

Stocks ended lower Thursday over the gloomy outlook on inflation and concerns over aggressive monetary tightening. The won fell against the dollar. The Kospi lost 4.77 points, or 0.18 percent, to close at 2,612.45.

2022-05-26

Shares ended higher amid global economic slowdown

Shares ended higher on Wednesday while investors remain cautious about surging inflation and a global economic slowdown.

2022-05-25

Stocks drop more than 1 percent after Wall Street plunge

Shares dropped by more than 1 percent to snap a two-day winning streak, as investor appetite for risky assets fell amid fears about high-flying inflation that sparked a massive sell-off on Wall Street. The won fell against the dollar.

2022-05-19

Shares up almost 1% as investors buy downbeat issues

Shares rose nearly 1 percent Tuesday as investors picked up recently downbeat issues, including Samsung Electronics, amid worries over inflation and aggressive monetary tightening in major economies.

2022-05-17

Stocks close lower over worries about aggressive rate hikes

Stocks finished lower Monday amid investors' jitters over possibly aggressive rate hikes in major economies. The won slightly rose against the dollar. The Kospi fell 7.66 points, or 0.29 percent, to close at 2,596.58.

2022-05-16

Stocks decline 1.6 percent, down for the eighth straight day

Shares dropped by more than 1.5 percent on Thursday to extend the losing streak to an eighth day as technology stocks declined amid concerns over high inflation and a global economic slowdown. The won fell sharply against the dollar.

2022-05-12

Stocks fall for a seventh day as economic concerns remain

Stocks closed lower Wednesday extending their losing streak to a seventh day as investors took a cautious approach amid concerns over high inflation and a global economic downturn, analysts said. The local currency inched up against the dollar.

2022-05-11

Stocks hit 17-month low as investors fret about inflation

Stocks fell for the sixth consecutive day Tuesday to hit a 17-month low, as investors fretted about high inflation and a global economic slowdown amid the ongoing crisis in Ukraine and China's lockdown of major cities over Covid-19.

2022-05-10

Stocks fall to 17-month low over worries of global economic slowdown

Stocks fell to about a 17-month low Monday on concerns over a global economic slowdown amid the U.S. central bank's monetary tightening and the prolonged lockdowns of major Chinese cities.

2022-05-09

Stocks little changed ahead of the U.S. Fed meeting

Stocks ended down for the third straight session Wednesday, as investors awaited a U.S. Federal Reserve's meeting for signals on the speed of its monetary tightening. The won rose against the dollar.

2022-05-04

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