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SOUTH KOREAN STOCK OPEN HIGH DUE TO U.S. FED. CHAIRMAN’s COMMENT

Published On 02 Mar 2020 08:41 AM


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Highlights –

  • U.S Federal Reserve Chairman hinted on possible rate cut
  • South Korean stock market opened higher on March 2 due to the comment
  • Rate cuts due to COVID-19

On Friday (U.S. Time) U.S. Federal Chairman Jerome Powell hinted that the central bank was open to a rate cut if necessary, due to the growing concerns of COVID-19 outbreak.

Because of such....


Tags : SOUTH KOREA, STOCK MARKET, KOSPI, KOSDAQ, COVID-19,
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