Seoul shares ended slightly higher on Thursday, helped by gains in auto stocks as their 2023 earnings fared well on the back of robust demand. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index rose 0.03 percent, or 0.65 points, to 2,470.34. Trading volume was moderate at 337.26 million shares worth 7.5 trillion won ($5.6 billion), with losers outpacing gainers 443 to 424. Inst.
South Korean Carriers Instructed to Carry Out Safety Inspections on Boeing Max Aircraft koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Seoul shares ended lower for a third straight day Friday, after robust employment data weighed on expectations for an early rate cut by the Federal Reserve this year. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index fell 8.94 points, or 0.35 percent, to close at 2,578.08. The Kospi has fallen 2.9 percent this week. Trade volume was moderate at 514.78 million shares worth 8.27.
The parties in the wrongful death lawsuit filed against Jeju Air Co. Ltd. filed a motion for dismissal yesterday pursuant to a confidential settlement agreement.
Seoul shares ended higher Thursday, tracking gains on Wall Street, buoyed by Federal Reserve officials' dovish comments on interest rates and tech gains. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index rose 29.74 points, or 1.21 percent, to close at 2,479.82. Trading volume was moderate at 505.19 million shares worth 8.79 trillion won ($6.5 billion), with gainers outpac.