South Korea: Stocks end flat as large-caps' tepid Q2 outlook weighs
[SEOUL] South Korea's KOSPI stock index ended flat on Friday as tepid second-quarter profit outlook from heavyweights dented sentiment, while investors braced for US employment data.
The Seoul stock market's main KOSPI closed up 1.86 points or 0.09 per cent at 2,110.59 points. For the week, the benchmark index ended down 0.9 per cent, snapping four consecutive weekly gains.
The KOSPI climbed 3.41 per cent so far this year, and gained 2.1 per cent in the previous 30 trading sessions.
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
Bitcoin 'halving' has taken place: CoinGecko
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade