Seoul stocks extend gains to third session on hopes of recovery

“The US has in fact declared plans to take sanctions should China vote on the national security law for Hong Kong. The US-China dispute may further escalate toward the end of this week,” said NH Investment & Securities analyst Noh Dong-kil.

South Korea’s exports had dropped for 14 consecutive months since December 2018 amid the prolonged trade dispute between the world’s two largest economies that was put on pause after they signed the trade agreement in January.“The market seems to be taking a breather, considering that the hopes of economic reopening and China’s stimulus measures have already been projected in the KOSPI in the previous session,” Kiwoom Securities analyst Seo Sang-young said.

Leading pharmaceutical firm Samsung BioLogics tumbled 3.26 percent to 624,000 won, and Celltrion slipped 0.7 percent to 213,000 won.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Finance department seeks immediate passage of CREATE billWith just a few session days left in the legislative calendar, the Department of Finance seeks swift passage of the Corporate Recovery and Tax Incentives for Enterprises Act, otherwise known as the CREATE Act
Herkunft: CNN Philippines - 🏆 13. / 63 Weiterlesen »