News Formal

South Korea: Stocks trim gains as coordinated G7 response hopes dashed

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

[SEOUL] South Korean shares closed higher on Tuesday, but well off early gains, after a Reuters report dented hopes for a round of strongly coordinated stimulus measures by the G7. Read more at The Business Times.

The benchmark KOSPI ended up 11.64 points, or 0.58 per cent, to 2,014.15.[SEOUL] South Korean shares closed higher on Tuesday, but well off early gains, after a Reuters report dented hopes for a round of strongly coordinated stimulus measures by the G7.

The bloc's statement, expected on Tuesday or Wednesday, so far excludes any immediate calls for fiscal spending or coordinated central bank easing, a Group of Seven source told Reuters.Foreigners were net sellers of US$257.16 million worth of shares on the main board. The country reported 600 new cases, taking the total infections to 4,812. Three more people died, bringing the total fatalities to 34.

 

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

South Korea: Stocks jump on global stimulus hopesRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »