Tag - South Korean stocks

Korean shares turn higher on Wall Street gains

South Korean stocks turned higher late Tuesday morning tracking gains on Wall Street ahead of this week’s rate decision in Seoul and Washington. The benchmark Korea Composite Stock Price Index gained 2.11 points, or 0.10 percent, to 2,029.35 as of 11:15 a.m. The rise followed overnight gains on Wall Street. The Dow Jones industrial average gained 0.20 percent, with the tech-heavy Nasdaq composite index declining 0.59 percent. Bae Sung-young, a market analyst at Hyundai Securities Co., said global stocks were up, tracking [...]