Seoul: Stocks rise tracking Wall Street on trade optimism; won steady

[SEOUL] South Korea's KOSPI stock index rose 9.46 points, or 0.45 per cent, to 2,091.30 on Wednesday, in line with Wall Street gains on trade optimism.

US President Donald Trump on Tuesday said he had a"very good" dialogue with China and insisted talks between the world's two largest economies had not collapsed. South Korea's April employment data revealed signs of weakening recovery amid increased uncertainties in the economy such as US-China trade conflict and sluggish exports. The country's

The currency has been showing signs of increased volatility hurt by US-China trade dispute and sluggish exports. South Korea's Finance Minister Hong said on Wednesday that the government is monitoring any unusual movements or whether herd behaviours are seen in the currency market and said it will respond to any signs of her behaviours.

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