Business

S.Korean stocks, won recover after China eases foreign investment curbs



SEOUL, June 29 (Reuters) – Round-up of South Korean
financial markets:
** South Korea’s KOSPI stock index and the won gained on
Friday on eased trade spat between China and the major economies
after China decided to improve market access for foreign
investors. The Korean won and bond yields also rose.
** At 06:32 GMT, the KOSPI was up 11.89 points or 0.51 percent
at 2,326.13, after hitting the lowest intraday level since May
2017. The benchmark stock index fell 4 percent on a monthly
basis.



LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *