South Korea: Stocks end 1% higher on battery makers; virus worries persist

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Read more at The Business Times.

The Seoul stock market's main KOSPI closed up 22.05 points, or 1.00 per cent at 2,223.12, snapping two sessions of losses.[SEOUL] South Korean shares ended higher on Tuesday, led by a rally in battery makers, although worries about the economic fallout from a coronavirus outbreak in China persisted.

Shares of South Korean battery makers tracked gains in US carmaker Tesla's shares, with both Samsung SDI and LG Chem ending nearly 7 per cent higher. The Seoul stock market's main KOSPI closed up 22.05 points, or 1.00 per cent at 2,223.12, snapping two sessions of losses.The KOSPI has risen 1.16 per cent so far this year, but lost 0.1 per cent in the previous 30 trading sessions.

The trading volume during the session in the KOSPI index was 510.27 million shares and, of the total traded issues of 907, the number of advancing shares was 566.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong: Stocks close higherRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »