To read further, please register free and login
[s2If !current_user_can(access_s2member_level1)][lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Market Update: South Korean Shares Lift at Open
The KOSPI added 8.4 points or 0.27% to 3152.7 in early trade Tuesday, following losses of 0.38% in the previous session as risk appetite rebounded amid easing long term bond yields and stabilizing cryptocurrency markets. Local 10-year bond yields were at 2.148% while US 10-year rates were at 2-week lows of 1.606%. Meantime, Tesla CEO Elon Musk tweeted that he was having active discussions with North American Bitcoin miners regarding the sustainability of digital coins. On the coronavirus front, the KDCA added 516 novel coronavirus cases as health authorities grapple with sporadic cluster infections, amid higher reproduction rates of more transmissible variant strains. In local data, South Korea’s business sentiment slightly fell for June due to deteriorating profitability in the manufacturing industry amid the ongoing pandemic conditions. [/s2If]
Join Our Telegram Group