Korean stocks advanced for a second consecutive session Wednesday, as auto and tech stocks continued to rebound. The won rose against the dollar.
Stocks jumped more than 2 percent Tuesday on strong advances by auto-related shares, backed by expectations of improved earnings. The won rose against the dollar.
Even teenagers are investing in stocks these days. “Now teenagers even think that ‘studying’ is not enough.”
Stocks dipped more than 2 percent Friday as investors booked profits from a recent rally. The won fell against the dollar.
Korean stocks closed nearly flat Thursday as investors cashed in on gains from large-cap chip and auto stocks. The won fell against the dollar.
Stocks snapped a two-session losing streak Wednesday as investors scooped up bigcaps that recently suffered heavy losses. The won rose against the dollar.
IPO mania is set to continue into 2021 as interesting new issues hit the market, punters borrow to invest and memories of strong offerings in 2020 linger in the minds of the hopeful.
Korean stocks closed lower for a second straight session Tuesday as institutional and foreign investors cashed in amid concerns of an overheated market. The won fell against the dollar.
Stocks fell Monday after choppy trading, roiled by foreign and institutional investors who sought to take profits before their stock options expire later this week. The won fell against the dollar.
Korea's main bourse punched through the 3,100-mark Friday on big advances for market heavyweights Samsung Electronics and Hyundai Motor.