Round-up of South Korean
financial markets: South Korean shares climbed on Friday helped by gains in
chip and battery makers and were set for their biggest weekly
rise.
South Korean stocks jumped over 1 percent Monday to snap their four-day losing streak on bargain hunting amid dashed hopes for an early rate cut by the Federal Reserve. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index moved up 35.59 points, or 1.32 percent, to close at 2,722.99. Trade volume was moderate at 546 million shares worth 15.6 trillion won ($11.4 billion), with .
(Bloomberg) The nearly 1,200% share-price leap in Hanmi Semiconductor Co. since the end of 2022 has some investors seeking to cash out amid scorching valuations.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael to Restart Gaza Talks After Hostage Video Sparks OutrageHanmi
International Business News: The share price of Hanmi Semiconductor Co has surged nearly 1,200% since the end of 2022, leading some investors to cash out due to high valuations. H