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Shares finished higher Friday as investors bet on smooth tariff negotiations between the United States and its trading partners. The won fell in value against the dollar.
Korean stocks opened a tad higher Friday on rising hopes for progress in trade talks between the United States and Japan.
Shares rose nearly 1 percent Thursday as investors became optimistic about the ongoing trade talks between the United States and Japan. The won rose in value against the dollar.
Korean stocks started slightly higher Thursday despite losses on Wall Street, driven by Federal Reserve Chair Jerome Powell's pessimistic comments on economic growth.
The Kospi shed 29.98 points, or 1.21 percent, to close at 2,447.43 as markets reacted to Washington's decision to restrict Nvidia's chip exports to China.
Korean stocks opened slightly lower Wednesday, in line with overnight U.S. stock losses amid lingering uncertainty stemming from President Donald Trump's tariff measures.
The Kospi rose 21.52 points, or 0.88 percent, to close at 2,477.41 on cautious optimism over a possible tariff reprieve by U.S. President Donald Trump.
Seoul stocks rose nearly 1 percent as tariff concerns eased. The won reached a four-month high.
Korean stocks opened sharply higher Monday led by gains on semiconductor and battery shares amid eased woes over the U.S. administration's sweeping tariffs.
Before the recent tariff volatility, the U.S. markets and cryptocurrencies showed consistent growth that outpaced the Korean market, luring young investors and sparking liquidity concerns.
Korea JoongAng Daily Sitemap