South Korea: Stocks hit 1-month high on trade optimism

South Korean shares closed at a one-month high on Thursday as the United States and China agreed to hold trade talks next month, amid positive political developments in Hong Kong and Britain.[SEOUL] South Korean shares closed at a one-month high on Thursday as the United States and China agreed to hold trade talks next month, amid positive political developments in Hong Kong and Britain.

The Seoul stock market's main KOSPI ended up 16.22 points, or 0.82 per cent, to 2,004.75, after rising as much as 1.4 per cent.The trading volume during the session in the KOSPI index was 481.98 million shares and, of the total traded issues of 890, the number of advancing shares was 472. The KOSPI has fallen 1.78 per cent so far this year, and lost 5.4 per cent in the previous 30 trading sessions.

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South Korea: Stocks jump as investors cheer upbeat China services sector survey[SEOUL] South Korean shares rose over 1 per cent on Wednesday after a private survey showed an upbeat China service sector in August, easing worries about the Sino-US trade war. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »