Seoul: Stocks log best week in five months as Biden heads toward victory

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

United States News News

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

[SEOUL] South Korean shares rose on Friday, marking their best weekly gain since June, as US stocks rose overnight after investors assessed the prospect of a Joe Biden presidency with a split Congress in the United States. Read more at The Business Times.

The won was quoted at 1,120.4 per US dollar on the onshore settlement platform, 0.70 per cent higher than its previous close at 1,128.2.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 2.56 per cent, while the S&P 500 index jumped 1.95 per cent on Thursday. The Kospi has risen 9.96 per cent so far this year, and gained 0.1 per cent in the previous 30 trading sessions. The trading volume during the session in the Kospi index was 812.16 million shares. Of the total traded issues of 906, the number of advancing shares was 293.The most liquid three-year Korean treasury bond yield rose by 1.8 basis points to 0.946 per cent, while the benchmark 10-year yield rose by 3.6 basis points to 1.563 per cent.For daily updates on weekdays and specially selected content for the weekend.

 

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

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.

Seoul: Stocks snap eight-day rally as vaccine euphoria begins to fade[SEOUL] South Korean shares snapped an eight-session rally to end lower on Thursday, as the initial euphoria around a potential coronavirus vaccine started to fade, denting investor sentiment. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Seoul: Stocks bounce back, Samsung Elec jumps to record high[SEOUL] South Korean shares bounced back from earlier falls on Friday, helped by sharp gains in market heavyweights including Samsung Electronics. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Seoul: Stocks close at record high for fifth straight session[SEOUL] South Korean shares posted a record closing high on Monday for the fifth straight session, as retail investors continued to snap up tech giants such as Samsung Electronics and SK Hynix. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Seoul: Stocks close at record high on US stimulus, vaccine hopes[SEOUL] South Korean shares posted a record closing high on Wednesday as investor hopes for more fiscal stimulus and vaccine deployment offset worries about rising domestic coronavirus cases. The Korean won strengthened, while the benchmark bond yield rose. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Seoul: Stocks end on a record high[SEOUL] South Korean shares extended their rally on Friday to touch a record high on Samsung Electronics and SK Hynix surge and foreign buying, despite the virus spurt at home. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »