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S. KOREAN STOCKS EXPECTED TO TRADE LOW NEXT WEEK OVER INFLATION FEARS

Published On 16 May 2021 11:52 AM


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Highlights –

  • S. Korean stocks expected to trade low next week over inflation fears.
  • On Friday, the benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,153.32 points.
  • The stock index had reportedly slumped more than 1 percent for three consecutive days.
  • Foreign investors had dumped US$5.6 billion worth of local stocks on the main bourse.

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Tags : SEOUL STOCKS, SOUTH KOREA STOCKS, KOSPI, KOREA COMPOSITE STOCK PRICE INDEX, U.S INFLATION, INFLATION, CORONAVIRUS PANDEMIC, U.S JOBS DATA,
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