South Korea: Stocks rise on China's liquidity boost
[SEOUL] South Korean shares climbed on Monday, as investors expected China's latest policy easing measure would support Seoul's exports to its biggest trade partner.
The Seoul stock market's main KOSPI ended up 10.42 points, or 0.52 per cent, at 2,019.55, rising for the fourth straight session.
The KOSPI has fallen 1.05 per cent so far this year, and lost 3.2 per cent in the previous 30 trading sessions.
Foreigners were net buyers of US$193.75 million worth of shares on the main board.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Markets build on Wall Street rally, yen holds bounce
Singapore shares open in the red on Tuesday; STI down 0.3%
Stocks to watch: Wilmar, MLT, FEHT, CDLHT, Starhill Global Reit, IReit Global
Europe: Stocks eke out gains after German inflation data; Deutsche Bank drops
US: Stocks end higher, extending rally
Yen surges against US dollar on suspected intervention