Seoul stocks extend gains to third session on hopes of recovery

Seoul stocks extend gains to third session on hopes of recovery

(Yonhap) via The Korea Herald SEOUL — South Korean stocks finished a tad higher Wednesday despite escalating tension between the United States and China, as investors sought to scoop up bargains amid growing hopes of an economic recovery. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added […]
Market down as investors dump Jollibee stocks

Market down as investors dump Jollibee stocks

Investors dumped shares of fast-food giant Jollibee Foods Corp., dragging down the main stock barometer on Tuesday (May 26), in anticipation of poor earnings due to the novel coronavirus disease (COVID-19) pandemic. Bucking mostly upbeat regional markets, the...