Seoul Shares Reach New High on Tech Rally and Mideast Optimism
Seoul shares closed at a new high, driven by a strong rally in technology stocks and growing optimism regarding the situation in the Middle East.
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Seoul shares close at new high on tech rally, Mideast optimism
South Korean stocks rebounded to a fresh all-time high Friday, driven by strong gains in stocks related to artificial intelligence and renewed optimism about a potential ceasefire in the Middle East. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index added 290.86 points, or 3.55 percent, to close at 8,476.15, after hitting a new intraday high of 8,615.09. Trade volume was heavy at 701.5 million shares worth 73.7 trillion won ($48.9 billion), with loser
By The Korea Herald
Read full article →Seoul shares close at new high on tech rally, Mideast optimism - Yonhap News Agency
Seoul shares close at new high on tech rally, Mideast optimism Yonhap News Agency
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