Seoul: Stocks rise on positive US cues; won edges up
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise ’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
