Day: January 18, 2024

Seoul shares rebound from trough on bargain hunting

South Korean stocks closed slightly higher Thursday as investors hunted bargains following a recent market decline triggered by diminished hope for the U.S. Federal Reserve’s rate cut. The Korean won gained against the U.S. dollar.

The benchmark Kore…

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Seoul shares open slightly higher on bargain hunting

South Korean stocks opened slightly higher Thursday as investors hunted for bargains following the recent extended losses amid dimmed prospects for the U.S. Federal Reserve’s rate cuts.

The benchmark Korea Composite Stock Price Index gained 5.91 poin…

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