The Business Times
business-time-50

Seoul: Stocks rise on positive US cues; won edges up

google-preferred-sourceAdd BT as a preferred source
Published Wed, Jan 27, 2016 · 06:13 AM

    [SEOUL] South Korean shares rose on Wednesday tracking Wall Street's overnight moves, though caution ahead of a policy rate decision by the Federal Reserve due later in the day limited the gains.

    The Korea Composite Stock Price Index (KOSPI) closed up 1.4 per cent at 1,897.87 points, marking its biggest daily percentage gain since Friday.

    The South Korean won was quoted at 1,202.0 to the dollar at the conclusion of onshore trade, up 0.2 per cent compared to Tuesday's onshore close of 1,204.2.

    REUTERS

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    The new vehicles will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i.

    ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet

    StarHub’s H1 Ebitda – excluding Ensign, a cybersecurity joint venture with Temasek – fell 23.8% for the period ended Jun 30.

    Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

    Sats posted a S$75.1 million net profit for Q1, up 6% from S$70.9 million in the same year-ago period.

    Sats slides 13.6% as investors dump shares on profit-margin squeeze

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More