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Seoul: Stocks end higher; clock fourth straight weekly gain

  • 📰 BusinessTimes
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[SEOUL] South Korean shares closed higher on Friday due to higher buying by foreign investors, with the benchmark recording its fourth straight weekly gain. The won logged the sharpest gain in near six months, while the benchmark bond yield fell. Read more at The Business Times.

The healthcare index jumped 1.8 per cent after the country approved Celltrion's experimental Covid-19 treatment for Phase 2/3 clinical trials.

The won ended at 1,160.3 per US dollar on the onshore settlement platform, up 1.22 per cent, the sharpest gain since late-March.

 

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Seoul: Stocks fall on tech selloff, foreign profit-taking[SEOUL] South Korean shares fell on Thursday, dragged lower by technology stocks, as foreign investors booked profits after the benchmark index hit a two-year closing high earlier this week. Read more at The Business Times.
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