Seoul: Stocks steady as investors await earnings guidance
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SEOUL] South Korean shares held steady on Monday as the investors adopted a cautious stance ahead of looming guidance from companies on their second-quarter earnings.
The Korea Composite Stock Price Index (Kospi) closed up 0.1 per cent at 2,394.48 points.
Foreign investors increased the amount of local stock purchases, buying a net 107.5 billion won (S$129.42 million) worth of Kospi shares for the day.
The South Korean won edged down 0.2 per cent, fetching 1,146.9 to the US dollar at the conclusion of onshore trade versus Friday's close of 1,144.1.
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
