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Seoul shares open sharply higher on tech gains

South Korean stocks opened sharply higher Friday backed by gains of big-cap tech and financial shares. The benchmark Korea Composite Stock Price Index rose 38.36 points, or 1.43 percent, to 2,727.86 in the first 15 minutes of trading. Overnight, the US stock market closed mixed as investors remained cautious ahead of key jobs data to be released later in the day, which will likely set the tone for the Federal Reserve.

Banks Are the Stars in Korea's Corporate Reforms, Investors Say

Banks Are the Stars in Korea's Corporate Reforms, Investors Say
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CWA Asset Management Group LLC Sells 13,755 Shares of KB Financial Group Inc. (NYSE:KB)

CWA Asset Management Group LLC reduced its holdings in shares of KB Financial Group Inc. (NYSE:KB – Free Report) by 20.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,629 shares of the bank’s stock after selling 13,755 shares during the quarter. CWA Asset […]

CWA Asset Management Group LLC Sells 13,755 Shares of KB Financial Group Inc. (NYSE:KB)

CWA Asset Management Group LLC lowered its stake in shares of KB Financial Group Inc. (NYSE:KB – Free Report) by 20.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,629 shares of the bank’s stock after selling 13,755 shares during the quarter. CWA Asset […]

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