arabtoday
Last Updated : GMT 11:48:36
Arab Today, arab today
Arab Today, arab today

South Korean shares rise on eased Portuguese bank concerns

Arab Today, arab today

Arab Today, arab today South Korean shares rise on eased Portuguese bank concerns

South Korean shares
Seoul - XINHUA

South Korean shares rose Monday as concerns eased over a shortage of liquidity in a leading Portuguese bank, but the rise was limited as foreigners sold stocks after the Democratic People's Republic of Korea (DPRK)'s launch of artillery shells.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 5. 14 points, or 0.26 percent, to close at 1,993.88. Trading volume stood at 267.61 million shares worth 3.07 trillion won (3.02 billion U.S. dollars).
Last Friday, the KOSPI dropped as Banco Espirito Santo, a leading Portuguese lender, delayed payments on short-term debts that were sold to Swiss private banking clients.
The main index, however, rebounded Monday on growing views that the liquidity trouble would not lead to the overall crisis in the European financial market.
The KOSPI's rebound was limited as foreign investors turned into net sellers following the DPRK's firing exercises.
The DPRK fired some 100 rounds of artillery shells into its eastern waters from the region just north of the inter-Korean land border.
It was the DPRK's 15th launch of missiles of artillery shells this year, and the fifth firing in less than three weeks.
It was also rare for the DPRK to conduct its firing exercise just north of the military demarcation line in the east coast.
Retail investors bought stocks worth 22.7 billion won, but foreign and institutional investors sold shares worth 9.6 billion won and 6.2 billion won respectively.
Top web search engine Naver gained nearly 2 percent, leading the market rebound. Memory chip giant SK Hynix rose 0.8 percent, and market bellwether Samsung Electronics ended in a slight positive territory. Other large-cap stocks, including Hyundai Mobis, Korea Electric Power Corp. and Shinhan Financial Group, closed slightly higher.
Top steelmaker POSCO and the nation's No.2 carmaker Kia Motors fell more than 1 percent, and the nation's No.1 automaker Hyundai Motor edged down.
The South Korean currency finished at 1,018.2 won against the greenback, up 0.8 won from Friday's close.
Bond prices ended mixed. The yield on the liquid three-year treasury notes fell 0.001 percentage point to 2.585 percent, but the return on the benchmark 10-year government bonds rose 0.002 percentage point to 3.065 percent.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korean shares rise on eased portuguese bank concerns Arab Today, arab today south korean shares rise on eased portuguese bank concerns

 



Arab Today, arab today
Arab Today, arab today Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today At Milaidhoo Island, Maldives

GMT 08:42 2016 Wednesday ,07 December

At Milaidhoo Island, Maldives
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today Status of main battle fronts

GMT 07:44 2016 Thursday ,08 December

Status of main battle fronts
Arab Today, arab today 'Rookie' Trump must fall into line

GMT 08:02 2016 Tuesday ,06 December

'Rookie' Trump must fall into line

GMT 23:19 2016 Wednesday ,07 December

US Stocks End High on Tuesday

GMT 21:42 2016 Wednesday ,07 December

Chinese Yuan Weakens to 6.8808 against USD Wednesday

GMT 18:07 2016 Wednesday ,07 December

Tadawul closes at 1-year high to a fresh one-year

GMT 15:57 2016 Wednesday ,07 December

Sterling hits 2-month high against dollar

GMT 09:57 2016 Wednesday ,07 December

US dollar rises against other major currencies

GMT 08:15 2016 Wednesday ,07 December

Foreign exchange rates in India

GMT 22:49 2016 Tuesday ,06 December

US Stocks Close Higher

GMT 22:33 2016 Tuesday ,06 December

Chinese Yuan Strengthens to 6.8575 Against USD Tuesday
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today The summer school raising aspirations

GMT 12:49 2016 Tuesday ,06 December

The summer school raising aspirations
Arab Today, arab today Vanessa Redgrave makes directing

GMT 10:52 2016 Tuesday ,06 December

Vanessa Redgrave makes directing
Arab Today, arab today Indonesia expands protection

GMT 11:39 2016 Tuesday ,06 December

Indonesia expands protection
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today It's a squeeze, but Paris Impressionist

GMT 12:06 2016 Saturday ,03 December

It's a squeeze, but Paris Impressionist
Arab Today, arab today To battle Japanese whaling fleet

GMT 11:53 2016 Monday ,05 December

To battle Japanese whaling fleet

GMT 12:58 2016 Friday ,02 December

Trump, politics on the mind

GMT 13:00 2016 Monday ,05 December

Dubai Women Establishment delegation

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 13:01 2016 Thursday ,01 December

Green groups pressure Spain

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 13:17 2016 Friday ,25 November

Ajman Tourism launches time capsule

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday