Both markets rebound but uncertainty ahead
Korea’s main stock market rallied yesterday ending a four-day losing streak. The benchmark Kospi added 26.78 points or 2 percent to close at 1 402.93. “Investors’ sentiment improved as most other Asian markets rebounded from their sharp declines on Monday ” said Lee Young-gon at Hanwha Securities. “But investors need to be conservative with the Seoul market repeating sharp fluctuations.” Analysts said the Korean stock market’s volatility could last until Thursday’s triple witching day when stock index ... Shared & Reseller Webhosting
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