South Korean shares jumped nearly 2 per cent on Friday as the United States and China looked set to restart their trade talks, while the Bank of Korea indicated that a rate cut was around the corner.[SEOUL] South Korean shares jumped nearly 2 per cent on Friday as the United States and China looked set to restart their trade talks, while the Bank of Korea indicated that a rate cut was around the corner.
The Seoul stock market's main KOSPI closed up 34.38 points or 1.78 per cent at 1,967.79 points, after soaring as much as 1.96 per cent in early trade. For the week, the benchmark index climbed 1 per cent, gaining for a second straight week, but is down 2.8 per cent on a monthly basis. The KOSPI has fallen 3.59 per cent so far this year, and lost 6.7 per cent in the previous 30 trading sessions.
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Seoul: Stocks gain on improved sentiment in pharma sector[SEOUL] South Korean shares closed firmer on Wednesday as investors flocked to pharmaceutical stocks following a sharp sell-off in the recent days. Read more at The Business Times.
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Seoul: Stocks extend losses after Samsung bribery ruling[SEOUL] South Korean shares extended losses on Thursday as Samsung Group affiliates fell following a court ruling over the group heir's bribery case. Read more at The Business Times.
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Singapore stocks: STI resumes Friday afternoon at 3,105.29, up 0.76% on daySINGAPORE shares maintained their momentum at the start of Friday's afternoon session after positive signals from the United States and China over trade, with the Straits Times Index gaining 0.76 per cent or 23.46 points on the day to 3,105.29 as at 1.04pm. Read more at The Business Times.
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Stocks to watch: UOB, CapitaLand, Chuan Hup, Hatten Land, ASL Marine, SakaeSINGAPORE - The following companies saw new developments that may affect trading of their shares on Friday (Aug 30):. Read more at straitstimes.com.
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Stocks to watch: UOB, CapitaLand, Silverlake Axis, Chuan Hup, Hatten Land, ASL MarineTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
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Singapore stocks: STI resumes Thursday afternoon at 3,059.69, up 0.11% on daySINGAPORE stocks edged up as trading resumed on Thursday afternoon, with the Straits Times Index gaining 0.11 per cent or 3.22 points to 3,059.69 as at 1.01pm. Read more at The Business Times.
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