News Formal

Seoul: Stocks firm on US stimulus deal hopes; won closes at 5-month high

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 23 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 rose on Wednesday, tracking a firmer finish on Wall Street on hopes that US lawmakers would reach a deal on a new coronavirus stimulus package this week. The Korean won closed at a five-month high, while the benchmark bond yield fell. Read more at The Business Times.

The won ended trading at 1,188.8 per US dollar on the onshore settlement platform, 0.45 per cent higher than its previous close at 1,194.1.

In offshore trading, the won was quoted at 1,188.8 per US dollar, up 0.4 per cen from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,188.6.The trading volume during the session in the Kospi index was 830.19 million shares. Of the total traded issues of 902, the number of advancing shares was 400.The most liquid three-year Korean treasury bond yield fell by 1.1 basis points to 0.

 

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.

Seoul: Stocks at near 2-year high on US data, stimulus breakthrough[SEOUL] South Korean shares ended at a near two-year high on Tuesday, buoyed by strong US manufacturing data and as efforts to bring out a coronavirus relief bill resumed. The Korean won inched down, while the benchmark bond yield rose. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Grab snags US$200 million investment from South Korean private equity firmSINGAPORE (BLOOMBERG) - South-east Asian ride-hailing leader Grab Holdings is raising US$200 million (S$275 million) from South Korean private equity firm Stic Investments, according to people familiar with the matter.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »