Arab Today, arab today seoul shares up 022 on recovery hope
Last Updated : GMT 09:09:51
Arab Today, arab today
Arab Today, arab today

Seoul shares up 0.22% on recovery hope

Arab Today, arab today

Arab Today, arab today Seoul shares up 0.22% on recovery hope

Seoul - Yonhap

South Korean stocks closed 0.22 percent higher Monday amid signs of an economic recovery in advanced countries, analysts said. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) gained 4.12 points to finish at 1,884.83. Trading volume was light at 293.9 million shares worth 3.04 trillion won (US$2.73 billion) with losers outpacing gainers 466 to 313. Analysts said the local stock market gathered ground on rising hope for recovery in the global economy. \"While the eurozone economy is anticipated to post a growth for the first time in 21 months in the second quarter, the U.S. also posted improved manufactures and housing data,\" said Han Beom-ho, a researcher at Shinhan Investment Corp. The local stock market\'s growth, however, was limited as investors continued to take a wait-and-see approach on a possible scaling down of the U.S. quantitative easing moves in September, analysts added. Presidents of the Federal Reserve banks of St. Louis and Atlanta are slated to deliver speeches later this week, which are anticipated to allow investors to glean information on the U.S. Fed\'s future policy moves. Overseas investors sold more shares than they bought at net 56.9 billion won, and individuals also offloaded a net 42.4 billion won. On the other hand, institutions scooped up a net 93.5 billion won. Tech shares closed higher, with No. 1 Samsung Electronics moving up 0.16 percent to 1,232,000 won and top chipmaker SK hynix adding 1.31 percent to 27,000 won. Logistics firms also finished bullish, with Hyundai Glovis rising 2.13 percent to 192,000 won and Hyundai Merchant Marine advancing 2.4 percent to 19,200 won. STX Pan Ocean surged 8.32 percent to 2,540 won. In contrast, Asiana Airlines, South Korea\'s No. 2 flag carrier, closed lower for the seventh-consecutive trading session by falling 1.95 percent to 4,530 won due mainly to its weak performance for the second quarter. Brokerage houses also closed bearish, with KDB Daewoo Securities moving down 0.2 percent to 9,760 won and Woori Investment & Securities losing 0.42 percent to 11,750 won. Samsung Securities closed unchanged at 45,500 won. The local currency ended at 1,113.70 won against the greenback, down 1.50 won from Friday\'s close, amid continuing uncertainty over the U.S. policy moves, dealers said. Bond prices, which move inversely to yields, closed higher. The yield on three-year Treasuries inched down 0.01 percentage point to 2.90 percent and the return on the benchmark five-year government bonds fell 0.02 percentage point to 3.21 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today seoul shares up 022 on recovery hope Arab Today, arab today seoul shares up 022 on recovery hope

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today seoul shares up 022 on recovery hope Arab Today, arab today seoul shares up 022 on recovery hope

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Prayers turn to nightmare

GMT 06:14 2017 Sunday ,22 October

Prayers turn to nightmare
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday