Stocks gained for a second consecutive day Wednesday amid hope that China could ease Covid-19 restrictions, with eyes on U.S. Federal Reserve Chair Jerome Powell's upcoming speech on the economy. The local currency rose against the dollar.
Stocks snapped a two-session losing streak to close higher Tuesday, as worries about China's strict Covid-19 lockdown policy eased with growing expectations for an eventual reopening. The local currency rose sharply against the dollar.
Stocks closed more than 1 percent lower Monday, as investor sentiment remained wary amid the extended Covid-19 restrictions in China that have stoked concerns over global supply disruptions. The local currency fell sharply against the dollar.
Korean stocks started off lower Monday, as the continued Covid-19 lockdowns and unrest at an iPhone factory in China weighed on big tech stocks.
Shares opened lower Friday, as traders took a wait-and-see stance amid persistent uncertainties over monetary tightening and global economic outlook.
Stocks closed higher Thursday after the Bank of Korea delivered a modest 25-basis point rate hike, as the economy shows signs of losing momentum. The won sharply rose against the dollar.
Stocks closed higher Wednesday amid expectations that the U.S. Federal Reserve might ease aggressive monetary tightening in the coming months. The won rose against the dollar.
Stocks closed lower Tuesday as investors took to the sidelines amid woes over China's stricter virus restrictions. The won declined against the dollar.
Shares ended lower Monday amid concerns that the Federal Reserve may continue its aggressive monetary tightening and China could return to harsh restrictions after Covid-19-related deaths. The won fell against the dollar.
Stocks ended lower for a second day Thursday, as big-cap tech shares dived amid concerns over a global economic slowdown. The won fell against the dollar.