US-China Trade Deal Hopes Boost Seoul Stock Market

The Seoul stock market opened with a bang on Friday, with major tech and financial stocks leading the way. The easing of tensions between the US and China has investors optimistic about a potential trade deal, which is reflected in the market's performance.
The Korea Composite Stock Price Index (KOSPI) saw a significant increase of 1.24%, with chip giants Samsung Electronics and SK hynix experiencing gains of 1.66% and 4.49%, respectively. KB Financial Group, the top financial firm, added 0.17%, while Hanwha Aerospace, a defense giant, saw a decrease of 3.91%.
The local currency, the won, also strengthened against the US dollar, trading at 1,436.1 won per dollar, up 3.5 won from the previous day's close.
This video provides an in-depth analysis of the market's reaction to the US-China trade talks and how it impacts South Korea's economy. Stay tuned for more insights!

Видео US-China Trade Deal Hopes Boost Seoul Stock Market канала One Voice Universe