South Korean shares closed firmer on Wednesday as investors flocked to pharmaceutical stocks following a sharp sell-off in the recent days.[SEOUL] South Korean shares closed firmer on Wednesday as investors flocked to pharmaceutical stocks following a sharp sell-off in the recent days.Despite external factors remained uncertain, rebound of pharmaceutical shares led gains of the broader market, said Lee Young-gon, an analyst at Hana Financial Investment.
The medical sub-index was the biggest percentage gainer among KOSPI sub-indexes, jumping 4.6 per cent. The junior KOSDAQ rose 2.5 per cent, also helped by bullish drugmakers.The KOSPI has fallen 4.90 per cent so far this year, and lost 7.6 per cent in the previous 30 trading sessions.
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Asian stocks find modest support on firmer US futuresAsian shares eked out meager gains on Wednesday, as higher Wall Street futures provided some relief for investors after an overnight U.S. selloff, ...
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Stocks to watch: Wing Tai, Oxley, Heeton, Tiong SengTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
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Tokyo: Stocks open modestly higher on Wednesday[TOKYO] Tokyo stocks opened slightly higher on Wednesday, as positive sentiment from China's announcement of stimulus and bargain-hunting purchases offset the negative impact of losses on Wall Street. Read more at The Business Times.
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Hong Kong: Stocks open higher on Wednesday[HONG KONG] Hong Kong stocks started Wednesday with gains after taking a hit over the previous two days on China-US trade uncertainty and worries about protests that have gripped the city for months. Read more at The Business Times.
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