South Korea: Stocks rise as US jobs data, China stimulus buoy sentiment

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[SEOUL] South Korea's KOSPI stock index rose on Monday tracking its Chinese peer, as US jobs data and more China stimulus boosted investor sentiment. The Korean won slid while the benchmark bond yield also fell.

The won was quoted at 1,138.8 per dollar on the onshore settlement platform, 0.19 per cent lower than its previous close at 1,136.6. The KOSPI has risen 8.58 per cent so far this year, and has fallen 0.9 per cent in the previous 30 trading sessions.

 

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