Suggested:

South Korean stocks post their biggest gain in nearly a month, boosted by expectations of a Fed rate cut

2025-08-0512957 Views

the South Korean stock market saw its biggest single-day gain in nearly a month on Tuesday, as hopes of a US rate cut boosted risk appetite in global financial markets. The benchmark KOSPI index in South Korea closed up 50.25 points, or 1.60%, at 3198.00 points, marking the largest percentage gain since July 8. Out of a total of 934 trading stocks, 687 rose while 190 fell. Foreign net inflows totaled 291.9 billion Korean won ($2.1031 billion). An analyst at Samsung Securities stated that the likelihood of a rate cut by the Federal Reserve in September is close to 100%, leading to the market's rise. (Jinshi)

South Korean stocks post their biggest gain in nearly a month, boosted by expectations of a Fed rate cut

Contact Us : ymxbxkr@gmail.com