Arab Today, arab today south korean shares edge up on foreign purchase
Last Updated : GMT 15:31:30
Arab Today, arab today
Arab Today, arab today

South Korean shares edge up on foreign purchase

Arab Today, arab today

Arab Today, arab today South Korean shares edge up on foreign purchase

South Korean shares
Seoul - XINHUA

South Korean shares ended slightly higher Tuesday, keeping an upward trend for three sessions in a row, as foreigners increased the volume of purchase in the last minutes of trading.
The benchmark Korea Composite Stock Price Index (KOSPI) inched up 1.67 points, or 0.08 percent, to 1,980.21 at the close. Trading volume stood at 279.2 million shares worth 6.02 trillion won (5.42 billion U.S. dollars).
The KOSPI swung between gains and losses as investors took a wait-and-see stance ahead of the announcement of the third-quarter gross domestic product (GDP) data in the United States.
Cautiousness emerged as local stocks made a strong rebound in the past two sessions after rate cut in China and expectations for further monetary easing in Europe.
The KOSPI managed to end in a positive territory as foreigners raised stock purchases in the last minutes. Foreign investors increased stock holdings by 180.7 billion won, keeping a buying trend for six straight sessions.
Local financial institutions bought shares worth 93.7 billion won, extending their buying streak to eight days, but retail investors sold a net 272.1 billion won worth of shares.
Trading volume fell below 300 million shares Tuesday due to stronger wait-and-see positions.
Large-cap shares ended mixed. Market bellwether Samsung Electronics declined 2.5 percent, and top steelmaker POSCO slipped 2.7 percent. The biggest auto parts maker Hyundai Mobis lost 0.4 percent, but the No.1 carmaker Hyundai Motor gained 1.5 percent. The state-run power supplier Korea Electric Power Corp. advanced 2. 6 percent, and top life insurer Samsung Life Insurance climbed 3.8 percent.
The South Korean currency closed at 1,109.1 won against the greenback, up 3.2 won from Monday's close.
Bond prices ended higher. Yields on the liquid three-year treasury notes slid 1.6 basis points to 2.105, and the return on the benchmark 10-year government bonds declined 2.8 basis points to 2.654 percent.

arabstoday
arabstoday

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

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 south korean shares edge up on foreign purchase Arab Today, arab today south korean shares edge up on foreign purchase

 



Arab Today, arab today

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 south korean shares edge up on foreign purchase Arab Today, arab today south korean shares edge up on foreign purchase

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
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