South Korea’s stock winning streak will continue

(RTTNews) – South Korea’s inventory market ended high in two direct sessions, emerging only about 40 points, or 1.8 percent, along the way.KosPI is now just below the 2365-point plateau and is another mild green exchange rate for Thursday’s trade.

Global forecasts for Asian markets are positive for optimism about a global recovery, despite an increasing number of coronavirus cases. European and US markets were particularly high and Asian stock markets are also expected to open green.

KOSPI closed upwards on Wednesday as monetary gains were undermined by the weakness of automakers and chemical companies.The generation percentage was mixed.

For the day, the index gained 14.82 issues or 0.63% to close at 2364.37 after trading between 2341.29 and 2369.57.The volume of 1.4 billion shares is worth 15.5 trillion won.There were 590 winners and 245 declinants.

The Wall Street advantage was forged when stocks rose on Wednesday, extending the profits from the previous session.

The Dow Jones rose 454.84 points, or 1.59%, to close at 29,100.50, while the NASDAQ rose 116.78 points, or 0.98%, to close in 12056.44 and the S

Wall Street’s continued strength reflects the recent upward momentum, which has driven stocks upwards in recent weeks.

Traders continue to express optimism about the economy’s recovery from the coronavirus-induced slowdown, some analysts have warned that markets may succeed.

Crude oil futures fell wednesday amid considerations about weaker gas demand and knowledge of increased oil production through OPEC members.West Texas Intermediate crude oil futures for October closed at a drop of $1.25 or $2.9% to $41.51 a barrel.

Leave a Comment

Your email address will not be published. Required fields are marked *