[SEOUL] South Korean shares rose more than 1 per cent on Thursday and extended gains to a third straight session as strong foreign buying powered local chip stocks. The benchmark Kospi closed up 31.53 points, or 1.33 per cent, at 2,395.90.
Chip giant Samsung Electronics ended 3.7 per cent higher, tracking a surge in the Philadelphia Semiconductor index, after Nvidia Corp's announcement on its new gaming chips in collaboration with Micron Technology and Samsung. Samsung's peer SK Hynix and the subindex for electric and electronics stocks jumped 4.2 per cent and 3.2 per cent, respectively.
Further boosting sentiment, South Korea's government announced a plan to create a US$16.84 billion fund over the next five years for President Moon Jae-in's"New Deal" programme.BT is now on Telegram!
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Seoul: Stocks bounce back as government announces stimulus budget; virus cases fall[SEOUL] South Korean shares closed up 1 per cent on Tuesday after the government unveiled aggressive spending measures to blunt the economic damage from the Covid-19 pandemic and as manufacturing activity improved in China. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »
Seoul: Stocks bounce back as government announces stimulus budget; virus cases fall[SEOUL] South Korean shares closed up 1 per cent on Tuesday after the government unveiled aggressive spending measures to blunt the economic damage from the Covid-19 pandemic and as manufacturing activity improved in China. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »
Tech stocks fuel Wall Street rally as factory activity expandsWall Street climbed on Tuesday as gains in Apple and Zoom Video shares propelled the tech-heavy Nasdaq to record highs, while better-than-expected ...
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »
Tokyo: Stocks end higher on US rallies[TOKYO] Tokyo stocks ended higher on Thursday, extending rallies on Wall Street as investors searched for new trading cues with few other market-moving events. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »
Europe: Stocks extend rally at open[LONDON] European stock markets rallied further at the open on Thursday after another blistering record-breaking day on Wall Street, with sentiment boosted by vast amounts of central bank stimulus, dealers said. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »