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South Korea: Stocks close higher

  • 📰 BusinessTimes
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Read more at The Business Times.

The Seoul stock market's main KOSPI closed up 16.78 points, or 0.79 per cent, at 2,139.23.[SEOUL] South Korean stocks ended higher on Thursday, boosted by a surge in Naver's shares, while investors shrugged off soft economic data from China.Web portal operator Naver's stock closed up nearly 14 per cent to its highest since Feb 2018, after Yahoo Japan confirmed it was in talks to merge with Naver's unit, Line Corp.

China's industrial output grew significantly slower than expected in October, as weakness in global and domestic demand and the drawn-out Sino-US trade war weighed on activity in the world's second-largest economy.

 

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South Korea: Stocks slide on trade deal concerns, Hong Kong unrest[SEOUL] South Korean shares dropped on Wednesday as hopes for a Sino-US trade deal dwindled after President Donald Trump gave no new details on negotiations with China and as unrest in Hong Kong escalated. Read more at The Business Times.
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