Arab Today, arab today seoul shares likely to rebound next week
Last Updated : GMT 15:50:29
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Seoul shares likely to rebound next week

Arab Today, arab today

Arab Today, arab today Seoul shares likely to rebound next week

Seoul - Yonhap

South Korean stocks are expected to rebound next week on hopes that U.S. central bankers will give reassuring signs about putting the stimulus cut on hold in their upcoming speeches, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) closed down 2.23 percent to 1,984.87 on Friday from a week earlier. The main index erased most of the gains from recent rallies, falling to the lowest point in two months and below the psychologically significant 2,000 mark for the first time since Oct. 7.

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