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In the red
An employee at Hana Bank in Myeong-dong, central Seoul, on Friday watches a monitor displaying the status of the novel coronavirus in China, Korea and Japan. The financial market was spooked by a surge in the number of people that were infected by th…
Feb 22,2020
Kospi dips as infections in Korea start rising
Stocks closed lower Thursday on rising concerns of the spread of the coronavirus following a surge in the number of patients. The won sharply fell against the dollar. The Kospi fell 14.84 points, or 0.67 percent, to close at 2,195.50. This is the …
Feb 21,2020
Stocks flat as 15 coronavirus cases discovered
Stocks closed nearly flat Wednesday as investors remained wary about the spread of the novel coronavirus in the country. The won rose slightly against the dollar. The Kospi rose 1.46 points, or 0.07 percent, to close at 2,210.34. Trading volume wa…
Feb 20,2020
Stocks drop as U.S. remains tough on China
Stocks sank 1.5 percent Tuesday on news that the United States is considering imposing tougher trade restrictions on China. The won fell sharply against the dollar. The Kospi fell 33.29 points, or 1.48 percent, to close at 2,208.88. Trading volume…
Feb 19,2020
Stocks related to Z Flip smartphone get bump
Stocks closed nearly flat Monday as foreigners dumped local shares amid lingering concerns over the spread of the new coronavirus. The won fell against the dollar. The Kospi dropped 1.42 points, or 0.06 percent, to close at 2,242.17. Trading volum…
Feb 18,2020
Barunson keeps climbing after ‘Parasite’ wins
Stocks closed slightly lower Thursday, paring earlier increases as investors cashed in recent gains. The won fell slightly against the dollar. The Kospi dipped 5.24 points, or 0.24 percent, to close at 2,232.96. Trading volume was moderate at 629 …
Feb 14,2020
Markets gain as Hyundai Motor shares spike
Stocks again closed higher Wednesday as concerns over the outbreak of the new coronavirus eased somewhat, encouraging investors to begin taking risks. The local currency rose against the dollar, also for a second consecutive session. The Kospi ad…
Feb 13,2020
Academy Awards also deliver a victory to film’s investors
Barunson E&A, the production company behind the film “Parasite,” saw its stock prices spike for two straight sessions following the film’s historic wins at the Academy Awards Sunday. For the first time in the country’s cinematic history, the Korea…
Feb 12,2020
Market rebounds on hopes for China stimulus
Stocks closed sharply higher Tuesday, snapping a two-day losing streak on U.S. indicators signaling steady economic improvements, with China expected to take stimulus measures to minimize the fallout from the coronavirus outbreak. The local currency …
Feb 12,2020
Stocks decline for another day on virus worry
Stocks closed lower Monday, falling for the second straight session, amid concerns that the new coronavirus outbreak may delay the country’s economic recovery. The local currency lost ground slightly against the dollar. The Kospi lost 10.88 points…
Feb 11,2020
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