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Home International Markets

South Korean stocks close higher, KOSPI adds 0.8pc

byCustoms Today Report
20/01/2015
in International Markets
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SEOUL: South Korean stocks ended higher on Tuesday as shareholder cheered better-than-expected Chinese monetary growth data, whereas expectations of bolder stimulus measures from the European Central Bank (ECB) also underpinned the feeling.
The Korea Composite Stock Price Index (KOSPI) gained 0.8 per cent to close at 1,918.31 points.
The South Korean won slumped against the dollar on Tuesday, as a weakening Japanese yen prompted investors to cut bullish positions in the local currency on heightened risk of intervention by the

Tags: Chinese monetary growth dataJapanese yenKorea Composite Stock Price IndexSouth Korean stocks

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