south korean shares rise on upbeat china gdp
Last Updated : GMT 22:43:57
Arab Today, arab today
Arab Today, arab today

South Korean shares rise on upbeat China GDP

Arab Today, arab today

Arab Today, arab today South Korean shares rise on upbeat China GDP

Seoul - XINHUA

South Korean shares rose on Monday as China\'s gross domestic product (GDP) growth was higher than market consensus, easing concerns over economic slowdown in the world\'s No.2 economy. The benchmark Korea Composite Stock Price Index (KOSPI) rose 5. 18 points, or 0.28 percent, to close at 1,875.16. Trading volume stood at 326.64 million shares worth 3.15 trillion won (2.8 billion U.S. dollars). China\'s GDP growth slowed to 7.5 percent in the second quarter from 7.7 percent during the first quarter. But, the reading was higher than analysts\' estimates that fell to the near-7 percent level. Following the GDP announcement, foreigners turned into net buyers by purchasing domestic stocks worth around 100 billion won. Retail and institutional investors sold stocks worth 63 billion won and 35 billion won respectively. Market watchers noted that there remained worries about the Chinese economic slump, forecasting the Chinese government may unveil stimulus measures to boost the world\'s second-largest economy. Gainers outnumbered decliners. Market bellwether Samsung Electronics rose 0.1 percent to close at 1,313,000 won, and leading chemical firm LG Chem, sensitive to business cycle, jumped 3.2 percent due to the upbeat GDP data from China. The world\'s largest shipbuilder Hyundai Heavy Industries advanced 2.9 percent, and the nation\'s No.2 carmaker Kia Motors climbed 1.7 percent. Top life insurer Samsung Life Insurance fell 2.3 percent, and web portal operator NHN declined 1.2 percent. The local currency finished at 1,122.0 won against the greenback, up 2.5 won from Friday\'s close. Bond prices ended lower. The yield on the liquid three-year treasury notes gained 0.03 percentage point to 2.89 percent, and the return on the benchmark 10-year government bonds jumped 0.07 percentage point to 3.45 percent.

arabstoday
arabstoday

GMT 22:40 2017 Wednesday ,22 November

Bahrain Bourse daily trading performance

GMT 11:50 2017 Tuesday ,21 November

European stocks shrug off Germany's political woes

GMT 03:59 2017 Tuesday ,21 November

Weekly inflation decreases by 0.88%

GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance
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*

south korean shares rise on upbeat china gdp south korean shares rise on upbeat china gdp

 



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*

south korean shares rise on upbeat china gdp south korean shares rise on upbeat china gdp

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today The Big Apple bike boom

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Leaders of Russia, Iran, Turkey meet

GMT 10:12 2017 Wednesday ,22 November

Leaders of Russia, Iran, Turkey meet
Arab Today, arab today 'Advanced' cyber attack targets Saudi Arabia

GMT 10:18 2017 Wednesday ,22 November

'Advanced' cyber attack targets Saudi Arabia
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
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 Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 13:41 2017 Tuesday ,21 November

French choke up over proposal

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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