South Korea's KOSPI index surged to its highest intraday level in nearly four years, closing up 0.60% as policy momentum for mandatory treasury share cancellation fueled gains in stocks with high buyback ratios, despite foreign and institutional selling.
#YonhapInfomax
#KOSPI #TreasuryShareCancellation #BukookSecurities #IndividualInvestors #ExchangeRate
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71401
#YonhapInfomax
#KOSPI #TreasuryShareCancellation #BukookSecurities #IndividualInvestors #ExchangeRate
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71401
KOSPI Hits Highest Level in Nearly Four Years Intraday on Buyback Cancellation Hopes
South Korea's KOSPI index surged to its highest intraday level in nearly four years, closing up 0.60% as policy momentum for mandatory treasury share cancellation fueled gains in stocks with high buyback ratios, despite foreign and institutional selling.