Seoul: Stocks end higher on stimulus hopes, easing trade war concerns
[SEOUL] South Korean shares gained for the fifth straight session on Tuesday, as concerns around Sino-U.S. trade war eased ahead of talks in October, and as hopes of global stimulus gathered momentum.
The KOSPI ended up 12.53 points, or 0.62 per cent, at 2,032.08.
The KOSPI has fallen 0.44 per cent so far this year, and lost 2.3 per cent in the previous 30 trading sessions.
Foreigners were net buyers of US$26.23 million worth of shares on the main board on Tuesday.
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 rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data
US: Stocks hit by GDP data, Meta results
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%