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 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Shinhan Financial Group (NYSE:SHG – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday. Shinhan Financial Group Stock Performance SHG stock traded down $0.53 during midday trading on Wednesday, reaching $33.79. The stock had a trading volume of […]
Research Analysts’ upgrades for Wednesday, May 29th: Brown & Brown (NYSE:BRO) was upgraded by analysts at StockNews.com from a hold rating to a buy rating. Chimerix (NASDAQ:CMRX) was upgraded by analysts at StockNews.com from a sell rating to a hold rating. CTS (NYSE:CTS) was upgraded by analysts at StockNews.com from a hold rating to a […]